Answer:
a. 15,000
Explanation:
At the equilibrium, the price is $100 and quantity demanded equal to supplied equal to 500.
At the ceiling price of $50, quantity supplied is 200.
When there is 200 products demanded, the price is at $150.
The dead weight loss is the cost created by the market inefficiency when the supply and demand is out of the equilibrium.
The dead weight loss is illustrated by the red triangle and can be calculated as following:
+) 1/2 x(500-200) x (150 - 50) = $15,000
Multiparty representative democratic republic
Malta is situated meditrion Sea into European countries small island
Answer: Consensus model
Explanation: A consensus model based on the notion that there is a general agreement about what behaviors are harmful to the majority of the public and that these behaviors are deemed criminal. Consensus model believes the idea of a social contract, originated from the work of John Locke and is based on the view that everyone in the criminal justice system works in unison to achieve justice. Consensus model recognizes that criminal law then serves a social control function designed to protect the people and maximize peace.
Answer:
music makes us happy is an answer
Explanation:
