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Author Question: Refer to the figure above. The region PCCAF shows the ________ after the imposition of the price ... (Read 57 times)

folubunmi

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on: Jun 29, 2018
Refer to the figure above. The region PCCAF shows the ________ after the imposition of the price ceiling.
 
  A) government revenue
  B) consumer surplus
  C) producer surplus
  D) deadweight loss

Question 2

Gross Domestic Product measures the
 
  A) quantity of the goods and services produced in a given year, listed item by item, within a country.
  B) income of the business sector within a country.
  C) market value of the final goods and services produced in a given year within a country.
  D) measures the market value of the domestic labor in a given year within a country.
  E) market value of the final goods and services consumed by households in a given year within a country.


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T4T

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


folubunmi

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

Animal_Goddess

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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