Author Question: Which of the following policies could lead to a deadweight loss? A) price ceilings. B) price ... (Read 88 times)

RYAN BANYAN · **on:** Jul 1, 2018

Which of the following policies could lead to a deadweight loss?

A) price ceilings.
B) price floors.
C) policies prohibiting human cloning.
D) all of the above
E) A and B only

Question 2

The price of good A goes up. As a result the demand for good B shifts to the left. From this we can infer that:

A) good A is a normal good.
B) good B is an inferior good.
C) goods A and B are substitutes.
D) goods A and B are complements.
E) none of the above