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Author Question: When a nation imports a good, its ________ surplus increases and its ________ surplus increases. ... (Read 78 times)

yoooooman

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on: Jun 29, 2018
When a nation imports a good, its ________ surplus increases and its ________ surplus increases.
 
  A) consumer; producer
  B) consumer; consumer
  C) producer; producer
  D) producer; total
  E) total; consumer

Question 2

A monopoly definitely incurs an economic loss if
 
  A) it produces where its marginal revenue equals its marginal cost.
  B) its average total cost is greater than price.
  C) it cannot perfectly price discriminate.
  D) it price discriminates.
  E) The statement errs because a monopoly cannot incur an economic loss.


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aruss1303

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

E

Answer to Question 2

B


yoooooman

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Reply #2 on: Jun 29, 2018
Thank you :)


aruss1303

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Reply #3 on: Jun 29, 2018
Happy to help you


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