Suppose the most you would be willing to pay for a plane ticket home is $250. If you buy one for $175, then your economic surplus is

Complete with an appropriate directional term:  The eyes are ___ to the mouth.

Can sales agents, such as realtors, generate economic surplus?

Which of the following does NOT describe anatomical position?

Which of these is NOT one of the body cavities?

What might cause a decrease in current supply of a product?

The accompanying table provides nominal exchange rates for the U.S. dollar. Country Foreign currency/dollar Dollar/foreign currency Poland (zloty) 4.367 0.229 South Africa (rand) 6.944 0.144 Based on these data, the nominal exchange rate equals approximately ______ zloty per South African rand or, equivalently, ______ rand per Polish zloty.

Suppose that the equilibrium price of apples decreases, and the equilibrium quantity of apples increases. This is best explained by

One criticism of the present-aim standard of rationality is that it

Refer to the accompanying figure. Suppose all the sellers in this market started out charging a price of $45 per unit. What is the most likely result?