The figure above shows the market for umbrellas in Sunville. Suppose one firm owns all umbrella stores in Sunville and charges 40 per umbrella. In this situation, the market for umbrellas is
A) efficient, with no deadweight loss but also no surplus.
B) inefficient, with a deadweight loss of 2,666.67.
C) inefficient, with a deadweight loss of 1,333.33.
D) efficient, generating a total surplus of more than 10,000.
Question 2
In 2006, real GDP in Belgium grew at a 3 percent rate and inflation was 1.8 percent while the population did not change. As a result, there was ________ demand for money curve in Belgium.
A) a rightward shift of the
B) a leftward shift of the
C) a movement up along the
D) no change in the
Methods to Document Peripheral Pulses A. Stick Figure Peripheral Pulse Documentation B. Tabular Peri
History of the number of observed sunspots during the last 250 years, which shows the ~11-year solar
The salivary glands, parotid, sublingual, and submandibular. This image shows the position of each g
The heme group viewed from the side. This view shows the two coordination bonds to Fe2+
All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co
Apply scissoring between metatarsals and figure-8s on toe joints to mobilize the foot.