-In the table above, the deadweight loss is zero when _______ umbrellas are produced and sold.
A) 60
B) 20
C) 40
D) 80

Question

-In the table above, the deadweight loss is zero when _______ umbrellas are produced and sold.
A) 60 
B) 20 
C) 40 
D) 80

Quizplus · Accepted Answer

Deadweight loss is zero when the quantity produced and sold is at the market equilibrium, where supply equals demand. Without seeing the table, the typical economic model suggests that equilibrium is achieved at a level where there is no excess supply or demand, implying efficient allocation of resources.

-In the Table Above, the Deadweight Loss Is Zero When