Refer to Figure 7-2. At the market equilibrium, the deadweight ...

[soccerdreamer_17]

Refer to Figure 7-2. At the market equilibrium, the deadweight loss is equal to
 
  A) 0. B) 500,000. C) 1,000,000. D) 2,000,000.

Question 2

Refer to Figure 2-13. What is the opportunity cost of producing 1 ton of coconuts in Costa Rica?
 
  A) 3/8 of a ton of pineapples B) 2/3 of a ton of pineapples
  C) 1 1/2 tons of pineapples D) 100 tons of pineapples

[macagn]

Answer to Question 1

D

Answer to Question 2

B

[soccerdreamer_17]

TYSM

[Missbam101]

Excellent