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Author Question: Which of the following policies could lead to a deadweight loss? A) price ceilings. B) price ... (Read 102 times)

RYAN BANYAN

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on: Jul 1, 2018
Which of the following policies could lead to a deadweight loss?
 
  A) price ceilings.
  B) price floors.
  C) policies prohibiting human cloning.
  D) all of the above
  E) A and B only

Question 2

The price of good A goes up. As a result the demand for good B shifts to the left. From this we can infer that:
 
  A) good A is a normal good.
  B) good B is an inferior good.
  C) goods A and B are substitutes.
  D) goods A and B are complements.
  E) none of the above


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maya.nigrin17@yahoo.com

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Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

D


RYAN BANYAN

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

isabelt_18

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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