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

Author Question: A deadweight loss occurs whenever A) the total benefit of a good does not equal its total cost. ... (Read 57 times)

gonzo233

  • Hero Member
  • *****
  • Posts: 557
on: Jun 29, 2018
A deadweight loss occurs whenever
 
  A) the total benefit of a good does not equal its total cost.
  B) the marginal social benefit of a good does not equal its marginal social cost.
  C) there is perfect price discrimination.
  D) there is no consumer surplus.

Question 2

All points below a given indifference curve are
 
  A) less preferred to any point on the indifference curve.
  B) preferred to any point on the indifference curve.
  C) definitely affordable.
  D) Both answers A and C are correct.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Madisongo23

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


gonzo233

  • Member
  • Posts: 557
Reply 2 on: Jun 29, 2018
Excellent

samiel-sayed

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

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 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?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

When teenagers live in single-parent homes, a good relationship with grandparents is related to ... When teenagers live in single-parent homes, a good relationship with grandparents is related to ...
Diesel combustion occurs when fuel is injected into the hot, highly compressed air in the cylinder. Diesel combustion occurs when fuel is injected into the hot, highly compressed air in the cylinder.
A good posture for practicing meditation is seated in a chair with the back upright and in ... A good posture for practicing meditation is seated in a chair with the back upright and in ...
Good ethical judgment comes from both learning and experience. Good ethical judgment comes from both learning and experience.
Planet Z-34 has a mass equal to 1/3 that of Earth, a radius equal to 1/3 that of Earth, and an ... Planet Z-34 has a mass equal to 1/3 that of Earth, a radius equal to 1/3 that of Earth, and an ...
Flail Chest Occurs When Three or More Adjacent Ribs Fracture in Two or More Places Flail Chest Occurs When Three or More Adjacent Ribs Fracture in Two or More Places
Video: Semidiscontinuous DNA replication

For a complete list of videos, visit our video library