The economics profession thrives because: O a. economists use complicated mathematical models to explain economic events. O b. economic models help to explain complicated scenarios in a better way than other alternative approaches. c. economists always agree on solutions to economic problems and have helped solve all major global financial crises. O d. students with economics majors get better jobs and better compensation benefits than any other discipline.

Q: c. How much total consumer surplus will each of them receive at a price of $32?

A: Last parts C and d are answered below:

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Q: Which of the following would a Laissez-Faire economist advocate in a time of economic recession

A: Laissez-faire economist advocate complete freedom of firms.

Q: *Make a response,question, or clarification for that opinion

A: The consumer is an individual that buys the products and services from the seller in the market.

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