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Author Question: If equilibrium is achieved in a competitive market A) there is no deadweight loss. B) the ... (Read 33 times)

JMatthes

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on: Jun 29, 2018
If equilibrium is achieved in a competitive market
 
  A) there is no deadweight loss.
  B) the deadweight loss will equal the sum of consumer surplus and producer surplus.
  C) the deadweight loss will be the same as the opportunity cost of the last unit of output sold.
  D) the deadweight loss will be maximized.

Question 2

How does the relative price and a household's real income influence its budget line?
 
  What will be an ideal response?
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djpooyouma

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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JMatthes

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

TheDev123

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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