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 18 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 National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

For a complete list of videos, visit our video library