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Author Question: When marginal benefit exceeds marginal cost in a market, (Read 52 times)

go.lag

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on: May 24, 2019
When marginal benefit exceeds marginal cost in a market,
◦ only consumer surplus is reduced.
◦ only producer surplus is reduced.
◦ consumer surplus and producer surplus are not affected compared to when production is such that marginal cost equals marginal benefit.
◦ the deadweight loss is negative.
◦ None of these answers is correct.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by go.lag on May 24, 2019

annierak

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Reply #1 on: May 24, 2019
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.
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go.lag

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Reply 2 on: May 24, 2019
Excellent

smrtceo

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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