In the above figure, if a single-price monopolist charges the profit-maximizing price, the triangle dce represents
A) consumer surplus.
B) producer surplus.
C) deadweight loss.
D) marginal revenue.
C
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Which of the following are not counted as household income in determining whether or not a household is below the official poverty line?
a. In-kind transfers such as food stamps, Medicaid, and housing subsidies b. Cash transfer payments made when a worker becomes unemployed c. Cash transfer payments such as from social security d. Medicare payments
(Consider This) Payout rates for state lotteries:
A. are considerably lower than payout rates from casinos. B. are considerably higher than payout rates from casinos. C. are roughly equal to the payout rates from casinos. D. cannot be compared with casino payout rates because states do not typically disclose their payout rates.