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If the market price is at equilibrium, the deadweight loss is maximized. (True or false?)

Tidy

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8 years ago

If the market price is at equilibrium, the deadweight loss is maximized. (True or false?)

If the market price is at equilibrium, the deadweight loss is maximized.
True or false?

Textbook

Essentials of Economics

Essentials of Economics

Edition: 4^th

Authors: Hubbard, O'Brien

Read 355 times

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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face

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Sydnie

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Sydnie

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#2

8 years ago

I was confident with my answer, glad it was correct.

Oh, and thumbs-up are more than welcome Slight Smile

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