Deadweight loss and market failure

Assignment Help Business Economics

Reference no: EM13735466

Deadweight loss and market failure are created when a market produces

A) Either more or less than the efficient quantity.

B) More than the efficient quantity but not when less than the efficient quantity is produced.

C) Less than the efficient quantity but not when more than the efficient quantity is produced.

D) The efficient quantity.

E) None of the above answers is correct because deadweight loss has nothing to do with the efficient quantity.

Reference no: EM13735466

Questions Cloud

Discuss how you plan to apply these concepts : Rate the three (3) most important concepts that you learned in this course in order of importance (one being the most important). Discuss how you plan to apply these concepts in your current or future position

What year was the railroad strike : What year was the railroad strike.

Write a brief summary of fortunes and misfortunes : Write a brief summary of fortunes and misfortunes. Visit the Volkswagen Web site at www.vw.com. From information supplied, characterize the company's existing structure.

Develop a prototype brochure : Develop a prototype brochure that contains the components you feel are important. You may use Microsoft PowerPoint, Microsoft Word, Microsoft Front Page or any other application that you choose to develop the brochure

Deadweight loss and market failure : Deadweight loss and market failure are created when a market produces

What do you recommend regard the brand : The year is 2029. A former college classmate, Alex, has learned that you are emerging as one of the leading marketing gurus in North America. What do you recommend regard the brand and what do you do personally

Describe the components of a person analysis : 1. Identify and describe the components of a person analysis. Include the steps as well as a pertinent example. 2. Identify and describe the components of a strategic/organizational analysis, including the methods and advantages.

Tax on a competitive market with no externalities : If the government imposes a tax on a competitive market with no externalities, then

Explain and discuss cross-border alliances : Define and discuss cross-border alliances. What are they and how do they work? What are the benefits of list segmentation to direct marketers

User Account

All Pages