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

Author Question: Which of the following policies could lead to a deadweight loss? A) price ceilings. B) price ... (Read 92 times)

RYAN BANYAN

  • Hero Member
  • *****
  • Posts: 563
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

maya.nigrin17@yahoo.com

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

D

Answer to Question 2

D




RYAN BANYAN

  • Member
  • Posts: 563
Reply 2 on: Jul 1, 2018
Wow, this really help


sailorcrescent

  • Member
  • Posts: 334
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

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

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

For a complete list of videos, visit our video library