The price ceiling depicted in the above figure results in
A) consumer surplus increasing from 30 thousand to 34.5 thousand.
B) producer surplus decreasing from 24 thousand to 6 thousand.
C) a deadweight loss of 16 thousand.
D) Both answers A and B are correct.
Question 2
If economic profit is equal to zero, then
A) the entrepreneur's profit as measured by accountants is also equal to zero.
B) the entrepreneur's profit as measured by accountants must be less than zero.
C) the entrepreneur is making only a normal profit.
D) The entrepreneur's profit cannot be determined based on the information given.
front muscle figure
Prisoners from the front (1866) established Winslow Homer's reputation for spare truthfulness.
Attributed to the Manner of Peleus Painter, Red-figure calyx-krater.
Figure and Ground
The chromosomal explanation of the results of the X-linked crosses
BLAST results showing a 280-base sequence of a chromosome 12 contig from rats