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

Author Question: The figure above shows that the deadweight loss from the tariff is A) 20 million per year. B) 30 ... (Read 376 times)

armygirl

  • Hero Member
  • *****
  • Posts: 556
on: Jun 29, 2018
The figure above shows that the deadweight loss from the tariff is
 
  A) 20 million per year.
  B) 30 million per year.
  C) 15 million per year.
  D) 55 million per year.
  E) zero.

Question 2

A profit-maximizing monopolistic competitor continues production until ________.
 
  A) marginal revenue exceeds marginal cost
  B) marginal revenue equals marginal cost
  C) marginal revenue exceeds average revenue
  D) marginal revenue equals average revenue


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Chelseyj.hasty

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


armygirl

  • Member
  • Posts: 556
Reply 2 on: Jun 29, 2018
:D TYSM

ecabral0

  • Member
  • Posts: 310
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

From space earth shows itself as a planet covered mostly by water. From space earth shows itself as a planet covered mostly by water.
Demonstrate the Application of Triangular, Figure-Eight, and Tubular Bandages Demonstrate the Application of Triangular, Figure-Eight, and Tubular Bandages
Increased neurogenesis in the dentate gyrus following damage. The left panel shows (1) an ... Increased neurogenesis in the dentate gyrus following damage. The left panel shows (1) an ...
Honey should never be given to children younger than one year of age Honey should never be given to children younger than one year of age
DID YOU KNOW? DRIVING FAST CAUSES HAIR LOSS DID YOU KNOW? DRIVING FAST CAUSES HAIR LOSS
Seven students have applied for merit scholarships. This year 3 merit scholarships were ... Seven students have applied for merit scholarships. This year 3 merit scholarships were ...
Video: Random alignment at Metaphase I Animation

For a complete list of videos, visit our video library