Which of the following policies could lead to a deadweight loss?
A) price ceilings.
B) price floors.
C) policies prohibiting human cloning.
D) all of the above
E) A and B only
D
Economics
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At any price the monopolist sets, it will sell:
A. less than quantity demanded to keep the item rare. B. as many as demanders are willing to buy. C. as many as it wants. D. more than a perfectly competitive market would sell.
Economics
Using the above table, what is the total utility of the first piece of pizza?
A. 50 utils B. 100 utils C. 75 utils D. 0 utils
Economics