« previous next »

Author Question: In an efficient market, deadweight loss is ____. a. maximum. b. minimum. c. constant. d. ... (Read 65 times)

frankwu

  • Hero Member
  • *****
  • Posts: 549
on: Jun 30, 2018
In an efficient market, deadweight loss is ____.
 a. maximum. b. minimum.
  c. constant. d. zero.

Question 2

Suppose seller X is willing to sell one good X for 5, a second good X for 10, a third for 16, a fourth for 25, and the market price is 20 . What is seller X's producer surplus?
 a. 15 b. 20
  c. 22 d. 29


Perkypinki

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

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

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Loss of Indian Lands, 1850–2010 Loss of Indian Lands, 1850–2010
Agonists, partial agonists, and antagonists: (a) An agonist results in maximum response. (b) A ... Agonists, partial agonists, and antagonists: (a) An agonist results in maximum response. (b) A ...
Invasive species and the biodiversity loss Invasive species and the biodiversity loss
Conservation biology arose in response to biodiversity loss Conservation biology arose in response to biodiversity loss
Calculus help: Find a cubic function f (x) = ax3 +bx2 +cx+d that has a local maximum value of 3 ... Calculus help: Find a cubic function f (x) = ax3 +bx2 +cx+d that has a local maximum value of 3 ...
Heat Loss by the Body Heat Loss by the Body
Video: Fetal development - Weeks 9 to 38

For a complete list of videos, visit our video library