« previous next »

Author Question: At the equilibrium price, deadweight loss is: a. minimized. b. zero. c. maximized. d. equal to ... (Read 73 times)

B

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
At the equilibrium price, deadweight loss is:
 a. minimized.
  b. zero.
  c. maximized.
  d. equal to the equilibrium price multiplied by the quantity exchanged.

Question 2

Deadweight loss is not the result of:
 a. an efficient market. b. an inefficient market.
  c. zero consumer surplus. d. zero producer surplus.


AmberC1996

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Loud Music and Hearing Loss (1 of 2) Loud Music and Hearing Loss (1 of 2)
How to calculate the gain and loss gene numbers with low bootstrap of phylogenetic tree? How to calculate the gain and loss gene numbers with low bootstrap of phylogenetic tree?
Loss of brain cells in a transgenic Huntington-disease mouse. (a) Section of normal mouse-brain stri Loss of brain cells in a transgenic Huntington-disease mouse. (a) Section of normal mouse-brain stri
Vision Loss Due to Macular Degeneration Vision Loss Due to Macular Degeneration
Gas pressure loss and venturi flowmeter Gas pressure loss and venturi flowmeter
Your company advertises all prices on the menu board as a final price, including HST of 13%. A ... Your company advertises all prices on the menu board as a final price, including HST of 13%. A ...
Video: Major Elements in Biological Molecules: Nucleic acids

For a complete list of videos, visit our video library