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Tidy Tidy
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9 years ago
Companies in the sharing economy, such as Airbnb and Uber, have the potential to increase consumer surplus and decrease deadweight loss. This would occur by ________ the equilibrium price in their market, and by doing so ________ efficiency.
A) lowering; decreasing
B) lowering; increasing
C) raising; decreasing
D) raising; increasing
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
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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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SydnieSydnie
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