Author Question: Refer to Figure 7-2. At the market equilibrium, the deadweight loss is equal to A) 0. B) 500,000. ... (Read 110 times)

soccerdreamer_17 · **on:** Jun 29, 2018

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