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

Author Question: In perfect price discrimination, which of the following are reduced to zero? a. Consumer surplus ... (Read 77 times)

debasdf

  • Hero Member
  • *****
  • Posts: 570
In perfect price discrimination, which of the following are reduced to zero?
 a. Consumer surplus and producer surplus
  b. Producer surplus and deadweight loss
  c. Consumer surplus and deadweight loss
  d. Producer surplus and total welfare

Question 2

Which of the following was the reserve currency under the gold exchange standard?
 a. U.S. dollar
  b. Euro
  c. Great Britain pound
  d. Australian dollar
  e. Deutsche mark



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aburgess

  • Sr. Member
  • ****
  • Posts: 361
Answer to Question 1

c

Answer to Question 2

a





 

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

For a complete list of videos, visit our video library