There is a government budget surplus if

Refer to Figure 4-8. Suppose that instead of a rent ceiling, the government imposed a price floor of $2,000 per month for apartments. What is the value of the deadweight loss after the imposition of the price floor?

A) $50,000 B) $125,000 C) $175,000 D) $260,000

As the percentage of a group required for agreement approaches 100 percent, _____ costs _____

a. decision-making costs; increase b. decision-making costs; decrease c. political costs; increase d. political costs; decrease