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Author Question: Kris wants to purchase a house. She buys newspapers to read the classified advertisements and spends ... (Read 93 times)

dmcintosh

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on: Jun 29, 2018
Kris wants to purchase a house. She buys newspapers to read the classified advertisements and spends her evenings with realtors looking at houses. Kris has incurred the ________ costs of making a purchase.
 
  A) transactions
  B) market
  C) buying
  D) scale

Question 2

In the above figure, if a single-price monopolist maximized its profit, the deadweight loss in the market is equal to the area
 
  A) ace.
  B) acg.
  C) ecg.
  D) bch.


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bob

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

A

Answer to Question 2

B


dmcintosh

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Reply #2 on: Jun 29, 2018
Correct answers!


bob

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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