Author Question: In the late 1970s, ________ of all firms were less than a year old. In recent years, ________ were. ... (Read 140 times)

Cooldude101

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In the late 1970s, ________ of all firms were less than a year old. In recent years, ________ were.
 
  A) about 40 percent; about 20 percent B) almost half; less than one-quarter
  C) less than 5 percent; more than 40 percent D) more than 15 percent; only about 8 percent

Question 2

Refer to Figure 5-6. What is the deadweight loss resulting from producing at the market equilibrium?
 
  A) B + C B) F C) E + C D) C


aidanmbrowne

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Answer to Question 1

D

Answer to Question 2

C



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