Author Question: Refer to Figure 4-8. What is the value of the deadweight loss after the imposition of the ceiling? ... (Read 97 times)

lunatika

  • Hero Member
  • *****
  • Posts: 548
Refer to Figure 4-8. What is the value of the deadweight loss after the imposition of the ceiling?
 
  A) 50,000 B) 125,000 C) 175,000 D) 260,000

Question 2

Refer to Table 2-14. What is Scotland's opportunity cost of producing one guitar?
 
  A) 0.25 motorcycles B) 4 motorcycles C) 12 motorcycles D) 16 motorcycles



orangecrush

  • Sr. Member
  • ****
  • Posts: 350
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

For a complete list of videos, visit our video library