This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The figure above shows that the deadweight loss from the tariff is A) 20 million per year. B) 30 ... (Read 372 times)

armygirl

  • Hero Member
  • *****
  • Posts: 556
on: Jun 29, 2018
The figure above shows that the deadweight loss from the tariff is
 
  A) 20 million per year.
  B) 30 million per year.
  C) 15 million per year.
  D) 55 million per year.
  E) zero.

Question 2

A profit-maximizing monopolistic competitor continues production until ________.
 
  A) marginal revenue exceeds marginal cost
  B) marginal revenue equals marginal cost
  C) marginal revenue exceeds average revenue
  D) marginal revenue equals average revenue


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Chelseyj.hasty

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


armygirl

  • Member
  • Posts: 556
Reply 2 on: Jun 29, 2018
Wow, this really help

nothere

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Everyone has one nostril that is larger than the other.

A plot of trophic diversity across the major groups of organisms shows highest trophic diversity amo A plot of trophic diversity across the major groups of organisms shows highest trophic diversity amo
A complete cranium of Au. Afarensis from Hadar, Ethiopia, shows a prognathic face and a small brainc A complete cranium of Au. Afarensis from Hadar, Ethiopia, shows a prognathic face and a small brainc
A 100-Year Flood Map of Montpelier, Vermont A 100-Year Flood Map of Montpelier, Vermont
Sign on methanol pump shows that methyl alcohol is a poison and can cause skin irritation and other ... Sign on methanol pump shows that methyl alcohol is a poison and can cause skin irritation and other ...
Preoperative photograph of a 43-year-old Caucasian male with necrotizing fasciitis on the day of ... Preoperative photograph of a 43-year-old Caucasian male with necrotizing fasciitis on the day of ...
No payments were made on a $2,598 loan during its three-year term. What was the annually ... No payments were made on a $2,598 loan during its three-year term. What was the annually ...
Video: Mechanics of Sound Animation

For a complete list of videos, visit our video library