This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If equilibrium is achieved in a competitive market A) there is no deadweight loss. B) the ... (Read 30 times)

JMatthes

  • Hero Member
  • *****
  • Posts: 578
on: Jun 29, 2018
If equilibrium is achieved in a competitive market
 
  A) there is no deadweight loss.
  B) the deadweight loss will equal the sum of consumer surplus and producer surplus.
  C) the deadweight loss will be the same as the opportunity cost of the last unit of output sold.
  D) the deadweight loss will be maximized.

Question 2

How does the relative price and a household's real income influence its budget line?
 
  What will be an ideal response?
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

djpooyouma

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 29, 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.
Answer Preview
Only 56% of students answer this correctly


JMatthes

  • Member
  • Posts: 578
Reply 2 on: Jun 29, 2018
Wow, this really help

dawsa925

  • Member
  • Posts: 326
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

(A) Normal spongy bone. (B) Spongy bone with osteoporosis, which is characterized by a loss of bone (A) Normal spongy bone. (B) Spongy bone with osteoporosis, which is characterized by a loss of bone
Young adults usually grieve loss of a role, such as employment or the breakup of a relationship. Young adults usually grieve loss of a role, such as employment or the breakup of a relationship.
Major causes of biodiversity loss Major causes of biodiversity loss
An overview of the 5 types of gain, loss, or rearrangement of chromosome An overview of the 5 types of gain, loss, or rearrangement of chromosome
Loss of a Shoot Tip Ends Dormancy in Lateral Buds Loss of a Shoot Tip Ends Dormancy in Lateral Buds
Write the acidic equilibrium equation for HC₆H₅O. Write the acidic equilibrium equation for HC₆H₅O.
Video: Factors that affect conduction rates (myelination, axon diameter & temperature)

For a complete list of videos, visit our video library