Author Question: The concept of depreciation while widely employed, has little economic basis. a. True b. ... (Read 54 times)

jwb375 · **on:** Jul 1, 2018

The concept of depreciation while widely employed, has little economic basis.

a. True b. False

Question 2

What is one reason activists might lobby the government for regulation limiting the production of a product to less than would normally be produced 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.