This topic contains a solution. Click here to go to the answer

Author Question: Deadweight loss results from a misallocation of resources. a. True b. False Indicate whether the ... (Read 18 times)

AEWBW

  • Hero Member
  • *****
  • Posts: 579
Deadweight loss results from a misallocation of resources.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Total producer surplus is the area below the equilibrium price and above the supply curve.
 a. True
  b. False
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cuttiesgirl16

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

True

Answer to Question 2

True




AEWBW

  • Member
  • Posts: 579
Reply 2 on: Jun 30, 2018
Wow, this really help


Jossy

  • Member
  • Posts: 336
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

For a complete list of videos, visit our video library