Within corporations, there are ________ systems that motivate individuals and teams to make the most efficient decisions on products sales.

Deadweight loss is the decrease in ________ from producing an inefficient amount of a product

A) only consumer surplus B) only producer surplus C) consumer surplus and producer surplus D) profit

In the four decades from 1860 to 1900, the U.S. population nearly tripled. Real Gross Domestic Product (GDP)

(a) fell by more than the amount by which the population increased. (b) fell by the same amount by which the population increased. (c) rose at about the same rate as the population increase. (d) increased by even more than the population increase.