Author Question: Measuring society's welfare as 2CS + 0.5PS A) gives heavier weight to consumer gains. B) gives ... (Read 53 times)

vicky

  • Hero Member
  • *****
  • Posts: 586
Measuring society's welfare as 2CS + 0.5PS
 
  A) gives heavier weight to consumer gains.
  B) gives heavier weight to producer gains.
  C) treats the gains to consumers and producers equally.
  D) treats gains and losses with different weight.

Question 2

What is one reason activists might lobby the government to force firms to produce more output than they normally would in a perfectly competitive market?
 
  A) They value consumer surplus more than producer surplus.
  B) They value producer surplus more than consumer surplus.
  C) They seek to avoid future regulation.
  D) They seek to minimize total surplus.


ashely1112

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

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.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

For a complete list of videos, visit our video library