Author Question: Refer to Figure 5-1. At the market equilibrium, the deadweight loss is equal to A) 0. B) 500,000. ... (Read 123 times)

Zulu123 · **on:** Jun 29, 2018

Refer to Figure 5-1. At the market equilibrium, the deadweight loss is equal to

A) 0. B) 500,000. C) 1,000,000. D) 2,000,000.

Question 2

Refer to Figure 11-1. Within a country, the impact of wars and revolutions and their subsequent destruction of capital is reflected in the per-worker production function in the figure above by a movement from

A) C to A. B) A to B. C) B to A. D) B to C.