Author Question: At the equilibrium price, deadweight loss is: a. minimized. b. zero. c. maximized. d. equal to ... (Read 38 times)

B

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At the equilibrium price, deadweight loss is:
 a. minimized.
  b. zero.
  c. maximized.
  d. equal to the equilibrium price multiplied by the quantity exchanged.

Question 2

Deadweight loss is not the result of:
 a. an efficient market. b. an inefficient market.
  c. zero consumer surplus. d. zero producer surplus.



AmberC1996

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Answer to Question 1

b

Answer to Question 2

a



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