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
Answer:
I'm sure this question is for the connections Academy Social studies right?
Well the answers to all five questions are.
1. C. To revise the Articles of Confederation
2. B. Delegates disagreed on matters of slavery and representation.
3. A. It included three-fifths of the enslaved people in population counts.
4. B. Print Money
5. B. To express the main goals of the Constitution.
Explanation:
Immigrants have opted to come for several reasons, such as free living, practicing their religion freely, escaping poverty or oppression and better living for themselves and their children.
Brrazil
false
Uruguay
hope it;s right
