a. the reduction in consumer expenditure resulting from market failure.
Deadweight loss is
a. the reduction in consumer expenditure resulting from market failure.
b. the reduction in sales revenue resulting from market distortions.
c. a measure of market equity.
d. the reduction in economic surplus resulting from a market not being in competitive equilibrium.
economic surplus is maximized when
a. the marginal benefit of consumption is equal to the marginal costs of production.
b. the marginal benefit of consumption is less than the marginal costs of production.
c. the marginal benefit of consumption is greater than the marginal costs of production.
Answers: 2
Health, 23.06.2019 14:30, sabrinarasull1pe6s61
Polydactyly is expressed when an individual has extra fingers and/or toes. assume that a man with six fingers on each hand and six toes on each foot marries a woman with a normal number of digits. having extra digits is caused by a dominant allele. the couple has a son with normal hands and feet, but the couple's second child has extra digits. what is the probability that their next child will have polydactyly? polydactyly is expressed when an individual has extra fingers and/or toes. assume that a man with six fingers on each hand and six toes on each foot marries a woman with a normal number of digits. having extra digits is caused by a dominant allele. the couple has a son with normal hands and feet, but the couple's second child has extra digits. what is the probability that their next child will have polydactyly? 1/8 1/32 3/4 7/16 1/2
Answers: 1
Deadweight loss is
a. the reduction in consumer expenditure resulting from market failure.
a. the reduction in consumer expenditure resulting from market failure.
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