Deadweight loss results from too few or too many resources used in a given market. a. True b. ...

Author Question: Deadweight loss results from too few or too many resources used in a given market. a. True b. ... (Read 44 times)

Pineapplelove6

Hero Member
Posts: 560

on: Jun 30, 2018

Deadweight loss results from too few or too many resources used in a given market.
a. True
b. False
Indicate whether the statement is true or false

Question 2

The deadweight loss equals the consumer surplus minus the producer surplus resulting from a non-equilibrium price.
a. True
b. False
Indicate whether the statement is true or false

nicoleclaire22

Sr. Member
Posts: 318

Reply #1 on: Jun 30, 2018

Answer to Question 1

True

Answer to Question 2

False

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