1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anna [14]
3 years ago
6

Consider a market​ where: Consumer surplus is 250 Producer surplus is 125. If both consumer surplus and producer surplus are​ ma

ximized, what is the amount of the deadweight​ loss? 0 0. ​(round your answer to the nearest​ penny) ​Next, suppose that consumer surplus falls to 180​, but producer surplus rises to 155. What is the change in​ welfare? -35225 negative 25 ​(round your answer to the nearest penny and add the minus sign if necessary​).
Business
1 answer:
mario62 [17]3 years ago
5 0

Answer:

A. Deadweight loss = 125 units.

B. Deadweight loss = 25 units.

Explanation:

In a free market and completely efficient economy, the consumer surplus equals the producer surplus. Both benefits of free trade. When consumers o producers have a minor surplus, necessarily implies a loss on eficiency, usually caused by government regulations like taxes or price ceilings.

The amount of welfare lost is measure by the difference between consumer and producer surplus.

In the first case:

|Consumer surplus - producer surplus| = 25 units

|250- 125| = 125 units

And in the second case:

|180- 155| = 25 units

You might be interested in
What is an organisation chart​
lorasvet [3.4K]

Answer:

An organizational chart is a diagram that visually conveys a company's internal structure by detailing the roles, responsibilities, and relationships between individuals within an entity.

Explanation:

7 0
2 years ago
Which formula can you use to extract the month number from the date entered in cell F5 as July 8, 2016?
morpeh [17]

Answer: =MONTH(F5)

Explanation:

The MONTH function in Excel returns the month, a number from 1 (January) to 12 (December).

It’s syntax is;

“=MONTH(serial_number)”

Where serial number refers to the date in question, which could either be a date itself or a cell reference.

The MONTH function is used to extract the month number from a date.

If cell F5 contains “July 8, 2016”, the formula “=MONTH(F5)” inputed in another cell will give the value “7”.

This is because the month July is the 7th month of the year.

5 0
3 years ago
Plack Co. purchased 10,000 shares (2o/o ownership) of Ty Corp. on February 14, Year 1. Plack received astock dividend of 2,000 s
timofeeve [1]

Answer:

d. $94,000

Explanation:

April 30th:

2,000 shares x $35 per share = 70,000 sotck dividends

December 15th:

12,000 shares x $ 2 per share =   24,000 cash dividends

                                   total            94,000

The dividend income will be for 94,000 the sum of both proceeds fom Ty Corp

Plack will declare income for both, the stock received and the cash dividends.

5 0
3 years ago
Housing subsidies for low-income households:__________.
Trava [24]

Answer:

D. represent a non-cash transfer.

Explanation:

Subsidized Housing is simply a form of housing where financial incentive is somehow given or provided in the form of a direct payment or tax relief to the housing developer, individual renter e.t.c.

Subsidy is said to be an incentive financial) give in the form of a direct payment or tax relief to the housing developer, property owner, or individual renter.

Low-Income Households are usually a households whose incomes do not surpass 80% of the median income for the area as stated by the department of housing and urban development.

8 0
3 years ago
How much money should Francesca set aside in her monthly budget in
ZanzabumX [31]

Answer: C. a reasonable amount that does not affect her quality of life.

Explanation:

7 0
3 years ago
Other questions:
  • Individuals can now use the internet to publicly editorialize about the news through:
    7·1 answer
  • Select the correct answer. Which method of budgeting considers the long-term fulfillment of advertising objectives rather than s
    10·1 answer
  • "what creates the basis for a simpler compensation system that de-emphasizes structure and places greater importance on flexible
    11·1 answer
  • If you cause a car accident which type of insurance will require you to pay the least out of pocket
    14·2 answers
  • The payments made by a firm to repurchase shares of its outstanding stock from an individual investor in an attempt to eliminate
    7·1 answer
  • Complex numbers are often used when dealing with alternating current (AC) circuits. In the equation $V = IZ$, $V$ is voltage, $I
    11·1 answer
  • A reduction in the tax rate on pass-through business income to a maximum of 25 percent would ________ the return to entrepreneur
    10·1 answer
  • What are some common traits good entrepreneurs have?
    6·2 answers
  • Do you ideally want to have a high credit score or low?.
    12·2 answers
  • delegate tasks so that a subordinate can see a project or assignment through to completion; allow time to get the task done.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!