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Author Question: Deadweight loss refers to A) losses in consumer surplus associated with excess government ... (Read 48 times)

lilldybug07

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on: Jul 1, 2018
Deadweight loss refers to
 
  A) losses in consumer surplus associated with excess government regulations.
  B) situations where market prices fail to capture all of the costs and benefits of a policy.
  C) net losses in total surplus.
  D) losses due to the policies of labor unions.

Question 2

A tennis pro charges 15 per hour for tennis lessons for children and 30 per hour for tennis lessons for adults. The tennis pro is practicing
 
  A) first-degree price discrimination.
  B) second-degree price discrimination.
  C) third-degree price discrimination.
  D) fourth-degree price discrimination.
  E) fifth-degree price discrimination.


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cdmart10

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Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

C


lilldybug07

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

FergA

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Reply 3 on: Yesterday
Excellent

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