« previous next »

Author Question: In an efficient market, deadweight loss is ____. a. maximum. b. minimum. c. constant. d. ... (Read 55 times)

frankwu

  • Hero Member
  • *****
  • Posts: 549
on: Jun 30, 2018
In an efficient market, deadweight loss is ____.
 a. maximum. b. minimum.
  c. constant. d. zero.

Question 2

Suppose seller X is willing to sell one good X for 5, a second good X for 10, a third for 16, a fourth for 25, and the market price is 20 . What is seller X's producer surplus?
 a. 15 b. 20
  c. 22 d. 29


Perkypinki

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Young adults usually grieve loss of a role, such as employment or the breakup of a relationship. Young adults usually grieve loss of a role, such as employment or the breakup of a relationship.
Myths and Facts About Weight Loss Myths and Facts About Weight Loss
There has been a widespread loss of glacier mass globally There has been a widespread loss of glacier mass globally
How to calculate the gain and loss gene numbers with low bootstrap of phylogenetic tree? How to calculate the gain and loss gene numbers with low bootstrap of phylogenetic tree?
What is the maximum velocity (in km/s) of a photoelectron emitted from a surface whose work ... What is the maximum velocity (in km/s) of a photoelectron emitted from a surface whose work ...
What is the minimum number of straight, continuous lines that are necessary to c What is the minimum number of straight, continuous lines that are necessary to c
Video: Deafness Culture

For a complete list of videos, visit our video library