« previous next »

Author Question: In an efficient market, deadweight loss is ____. a. maximum. b. minimum. c. constant. d. ... (Read 52 times)

frankwu

  • Hero Member
  • *****
  • Posts: 549
on: Jun 30, 2018
In an efficient market, deadweight loss is ____.
 a. maximum. b. minimum.
  c. constant. d. zero.

Question 2

Suppose seller X is willing to sell one good X for 5, a second good X for 10, a third for 16, a fourth for 25, and the market price is 20 . What is seller X's producer surplus?
 a. 15 b. 20
  c. 22 d. 29


Perkypinki

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Terrestrial plants and animals can be characterized by analogous pathways for water gain and loss. Terrestrial plants and animals can be characterized by analogous pathways for water gain and loss.
Listening to loud music with headphones or at rock concerts is a frequent cause of hearing loss amon Listening to loud music with headphones or at rock concerts is a frequent cause of hearing loss amon
The exhaust gas recirculation system is more efficient at controlling NOx emissions if the exhaust ... The exhaust gas recirculation system is more efficient at controlling NOx emissions if the exhaust ...
DID YOU KNOW? DRIVING FAST CAUSES HAIR LOSS DID YOU KNOW? DRIVING FAST CAUSES HAIR LOSS
How to calculate the gain and loss gene numbers with low bootstrap of phylogenetic tree? How to calculate the gain and loss gene numbers with low bootstrap of phylogenetic tree?
Vision Loss Due to Macular Degeneration Vision Loss Due to Macular Degeneration
Video: Structures that affect circulation - heart and MABP

For a complete list of videos, visit our video library