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Author Question: The figure above shows the supply and demand for pizza. a. What is the efficient level of output?b. ... (Read 13 times)

HudsonKB16

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on: May 24, 2019


The figure above shows the supply and demand for pizza.
a. What is the efficient level of output?
b. If 70,000 pizzas are produced, what area represents the deadweight loss?
c. Why does the deadweight loss in part (b) occur?
d. If 20,000 pizzas are produced, what area represents the deadweight loss?
e. Why does the deadweight loss in part (d) occur?
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by HudsonKB16 on May 24, 2019

gcook

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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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HudsonKB16

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Reply #2 on: May 24, 2019
Thanks


gcook

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Reply #3 on: May 24, 2019
Welcome :)


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