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Author Question: The social cost associated with the distortion in consumption from a monopoly price is called (Read 132 times)

joe

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on: Apr 19, 2019

Question 1

The National Rifle Association (NRA) lobbies aggressively for the interests of gun owners. For example, the NRA has been instrumental in passing conceal-and-carry laws in several states. Such behavior on the part of NRA is called


◦ government failure.
◦ discrimination.
◦ consumer loss.
◦ rent-seeking behavior.

Question 2

The social cost associated with the distortion in consumption from a monopoly price is called


◦ patent protection.
◦ government failure.
◦ deadweight loss.
◦ marginal cost.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by joe on Apr 19, 2019

chjcharjto14

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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joe

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

Sarahjh

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Reply 3 on: Yesterday
Excellent

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