This topic contains a solution. Click here to go to the answer

Author Question: Deadweight loss occurs when A) producer surplus is greater than consumer surplus. B) the maximum ... (Read 64 times)

bobthebuilder

  • Hero Member
  • *****
  • Posts: 567
Deadweight loss occurs when
 
  A) producer surplus is greater than consumer surplus.
  B) the maximum level of total welfare is not achieved.
  C) consumer surplus is reduced.
  D) an inferior good is consumed.

Question 2

If an economist states that not enough of a good is being produced, she usually means that
 
  A) not everyone can afford the good.
  B) price exceeds marginal cost.
  C) consumer surplus equals zero.
  D) at equilibrium, some people who still wish to sell the good cannot find a buyer.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mtmmmmmk

  • Sr. Member
  • ****
  • Posts: 335
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 45% of students answer this correctly




bobthebuilder

  • Member
  • Posts: 567
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


Viet Thy

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

For a complete list of videos, visit our video library