Kelly is willing to pay $5.20 for a gallon of gasoline. The price of gasoline at her local gas station is $3.80. If she purchases ten gallons of gasoline, then Kelly’s consumer surplus is

If a price floor is not binding, then

Because of the free-rider problem,

If the demand for donuts is elastic, then a decrease in the price of donuts will

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One six-sided die is rolled. What is the probability the result is an even number?

In how many distinct ways can the letters in the word INTRINSIC be arranged?

In a Kindergarten class of 33 students, 14 are wearing blue and 17 are wearing green. If 12 wear neither color, how many wear both?

One six-sided die is rolled. What is the probability that the die shows a 4?

Figure 6-24 Refer to Figure 6-24. The price paid by buyers after the tax is imposed is