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Author Question: Refer to the figure above. What does the region EFG represent? A) Consumer surplus B) Producer ... (Read 42 times)

karlynnae

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on: Jun 29, 2018
Refer to the figure above. What does the region EFG represent?
 
  A) Consumer surplus
  B) Producer surplus
  C) Deadweight loss
  D) Economic profit

Question 2

________ wages are wages paid by employers to increase worker motivation and productivity.
 
  A) Real
  B) Nominal
  C) Minimum
  D) Efficiency


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LVPMS

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

C

Answer to Question 2

D


karlynnae

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Reply 2 on: Jun 29, 2018
Excellent

mjenn52

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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