This topic contains a solution. Click here to go to the answer

Author Question: Refer to the figure above. The region PCCAF shows the ________ after the imposition of the price ... (Read 59 times)

folubunmi

  • Hero Member
  • *****
  • Posts: 524
Refer to the figure above. The region PCCAF shows the ________ after the imposition of the price ceiling.
 
  A) government revenue
  B) consumer surplus
  C) producer surplus
  D) deadweight loss

Question 2

Gross Domestic Product measures the
 
  A) quantity of the goods and services produced in a given year, listed item by item, within a country.
  B) income of the business sector within a country.
  C) market value of the final goods and services produced in a given year within a country.
  D) measures the market value of the domestic labor in a given year within a country.
  E) market value of the final goods and services consumed by households in a given year within a country.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

T4T

  • Sr. Member
  • ****
  • Posts: 348
Answer to Question 1

B

Answer to Question 2

C




folubunmi

  • Member
  • Posts: 524
Reply 2 on: Jun 29, 2018
Excellent


raenoj

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

For a complete list of videos, visit our video library