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Author Question: Deadweight loss occurs when A) producer surplus is greater than consumer surplus. B) the maximum ... (Read 102 times)

bobthebuilder

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on: Jul 1, 2018
Deadweight loss occurs when
 
  A) producer surplus is greater than consumer surplus.
  B) the maximum level of total welfare is not achieved.
  C) consumer surplus is reduced.
  D) an inferior good is consumed.

Question 2

If an economist states that not enough of a good is being produced, she usually means that
 
  A) not everyone can afford the good.
  B) price exceeds marginal cost.
  C) consumer surplus equals zero.
  D) at equilibrium, some people who still wish to sell the good cannot find a buyer.
Microeconomics ¦ Perloff ¦ 8th Edition
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mtmmmmmk

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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bobthebuilder

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

strudel15

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

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