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Author Question: In the above figure, of the quantities listed below, for which is the total deadweight loss the ... (Read 182 times)

melina_rosy

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on: Jun 29, 2018
In the above figure, of the quantities listed below, for which is the total deadweight loss the largest?
 
  A) 0 units
  B) 10 units
  C) 20 units
  D) 30 units

Question 2

A perfectly competitive firm will shut down rather than produce if its
 
  A) price is less than average variable cost.
  B) price is less than total variable cost.
  C) total revenue is less than total cost.
  D) price is less than marginal cost.


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ngr69

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


melina_rosy

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  • Posts: 531
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

tkempin

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Reply 3 on: Yesterday
Wow, this really help

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