Placing a domestic content requirement on computers would tend to A. higher levels of consumer surplus. B. higher levels of computer imports. C. decrease prices of computers. D. increase prices of computers.

Placing a domestic content requirement on computers would tend to A. higher levels of consumer surplus. B. higher levels of computer imports. C. decrease prices of computers. D. increase prices of computers.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter4: Demand, Supply, And Market Equilibrium

Section: Chapter Questions

Problem 1P

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Question

Placing a domestic content requirement on computers would tend to

	A.	higher levels of consumer surplus.
	B.	higher levels of computer imports.
	C.	decrease prices of computers.
	D.	increase prices of computers.

Consumer’s gain from trade. The consumer surplus is the area below the demand curve but above the equilibrium price and up to the equilibrium quantity. Consumer surplus is represented by area A.

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