-In the above figure,if the quantity is equal to 1,500,000 units,the deadweight is equal to
A) area A + area B.
B) area C.
C) area B + area F.
D) area G + area H.
E) None of the above answers is correct because the deadweight loss is equal to zero.

Question

-In the above figure,if the quantity is equal to 1,500,000 units,the deadweight is equal to
A) area A + area B. 
B) area C. 
C) area B + area F. 
D) area G + area H. 
E) None of the above answers is correct because the deadweight loss is equal to zero.

Quizplus · Accepted Answer

Deadweight loss occurs when there is a loss of economic efficiency due to the market not being in equilibrium. If the quantity is equal to 1,500,000 units and this is the equilibrium quantity, then there is no deadweight loss, making the correct answer E.

-In the Above Figure,if the Quantity Is Equal to 1,500,000