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Author Question: Deadweight loss results from too few or too many resources used in a given market. a. True b. ... (Read 66 times)

Pineapplelove6

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on: Jun 30, 2018
Deadweight loss results from too few or too many resources used in a given market.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The deadweight loss equals the consumer surplus minus the producer surplus resulting from a non-equilibrium price.
 a. True
  b. False
  Indicate whether the statement is true or false


nicoleclaire22

  • Sr. Member
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  • Posts: 318
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

False


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