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Author Question: Refer to Figure 5-3. With insurance and a third-party payer system, what is the amount of the ... (Read 82 times)

Charlie

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on: Jun 29, 2018
Refer to Figure 5-3. With insurance and a third-party payer system, what is the amount of the deadweight loss?
 
  A) 0 B) 2,500 C) 5,000 D) 24,000

Question 2

Refer to Figure 7-2. The loss in domestic consumer surplus as a result of the tariff is equal to
 
  A) 5 million. B) 19.875 million. C) 24.875 million. D) 31.125 million.


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bblaney

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


Charlie

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

bdobbins

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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