Author Question: Refer to Figure 4-8. What is the value of the deadweight loss after the imposition of the ceiling? ... (Read 59 times)

lunatika

  • Hero Member
  • *****
  • Posts: 548
Refer to Figure 4-8. What is the value of the deadweight loss after the imposition of the ceiling?
 
  A) 50,000 B) 125,000 C) 175,000 D) 260,000

Question 2

Refer to Table 2-14. What is Scotland's opportunity cost of producing one guitar?
 
  A) 0.25 motorcycles B) 4 motorcycles C) 12 motorcycles D) 16 motorcycles



orangecrush

  • Sr. Member
  • ****
  • Posts: 350
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

For a complete list of videos, visit our video library