Deadweight loss is the net loss of:
a. consumer surplus. b. producer surplus.
c. disequilibrium surplus. d. both a and b.
d
Economics
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Suppose that trade in asset is not allowed but the two countries sign a treaty that guarantee the sending of 25 tons of kiwi in good time by the high output country in that season. What will the outcome of such a treaty? Explain why
What will be an ideal response?
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The Federal Reserve provides gold in exchange for Federal Reserve notes
a. True b. False Indicate whether the statement is true or false
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