Author Question: In the above figure, the deadweight loss due to the tax is A) 1,000. B) 2,000. C) 4,000. D) ... (Read 42 times)

mynx

  • Hero Member
  • *****
  • Posts: 555
In the above figure, the deadweight loss due to the tax is
 
  A) 1,000.
  B) 2,000.
  C) 4,000.
  D) 8,000.

Question 2

The equilibrium price in the above figure is
 
  A) 2.
  B) 4.
  C) 6.
  D) 8.



babybsemail

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

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?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

For a complete list of videos, visit our video library