Exhibit 3A-1 Comparison of Market Efficiency and Deadweight Loss As shown in Exhibit 3A-1, if the quantity supplied is 2 million pounds of ground beef per year, the result is a deadweight loss represented by area:
A)ABEC.
B)CEFD.
C)EGH.
D)BEF.

Question

Exhibit 3A-1 Comparison of Market Efficiency and Deadweight Loss  As shown in Exhibit 3A-1, if the quantity supplied is 2 million pounds of ground beef per year, the result is a deadweight loss represented by area:
A)ABEC. 
B)CEFD. 
C)EGH. 
D)BEF.

Quizplus · Accepted Answer

The Answer of Exhibit 3A-1 Comparison of Market Efficiency and Deadweight Loss  As shown in Exhibit 3A-1, if the quantity supplied is 2 million pounds of ground beef per year, the result is a deadweight loss represented by area:
A)ABEC. 
B)CEFD. 
C)EGH. 
D)BEF.