For which product would you expect producer to have reaction

Reference no: EM131919291

Problem

1. For which good would you expect deadweight loss to be smaller relative to the total surplus in its market: Burger King hamburgers or Lady Gaga MP3s? Explain your answer.

2. For which product would you expect producers to have a stronger reaction to a ban on advertising: music artists or fast-food burgers? Explain your answer

Reference no: EM131919291

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