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Author Question: In perfect price discrimination, which of the following are reduced to zero? a. Consumer surplus ... (Read 97 times)

debasdf

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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



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aburgess

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Answer to Question 1

c

Answer to Question 2

a





 

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