If buyers of illegal goods are punished but sellers are not, then ...

[nmorano1]

If buyers of illegal goods are punished but sellers are not, then the price ________ and the equilibrium quantity ________.
 
  A) rises; increases
  B) rises; decreases
  C) falls; increases
  D) falls; decreases

Question 2

The monopoly illustrated in the figure above is unregulated and charges a single price. The deadweight loss created by the monopoly is
 
  A) 0.
  B) 22.50.
  C) 45.00.
  D) 90.00.

[ntsoane kedibone]

Answer to Question 1

D

Answer to Question 2

B

[nmorano1]

Thanks for the timely response, appreciate it

[Mochi]

Excellent