This topic contains a solution. Click here to go to the answer

Author Question: Buyers receive a consumer surplus when the price exceeds the marginal benefit. Indicate whether ... (Read 33 times)

berenicecastro

  • Hero Member
  • *****
  • Posts: 581
Buyers receive a consumer surplus when the price exceeds the marginal benefit.
 
  Indicate whether the statement is true or false

Question 2

Rent controls and the minimum wage are both examples of price ceilings.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

6ana001

  • Sr. Member
  • ****
  • Posts: 311
Answer to Question 1

FALSE

Answer to Question 2

FALSE




berenicecastro

  • Member
  • Posts: 581
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


kalskdjl1212

  • Member
  • Posts: 353
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

For a complete list of videos, visit our video library