Refer to the Accompanying Figure

question 72

Multiple Choice

Refer to the accompanying figure.Which area represents the deadweight loss associated with producing at the market equilibrium instead of the social optimum?

• A) A
• B) B
• C) A + B
• D) C
• E) A+B +C

---

Definitions:

Magnetizing Flux

The magnetic field generated in a material, or space, by the flow of electric current or by magnetization.

Flux Coupling

The process or degree to which magnetic lines of force pass from one component to another, such as in transformers.

Flux Reactance

The opposition that inductance offers to alternating current due to the magnetic flux linkage.

Step-Down Transformer

A transformer that produces a lower voltage at its secondary than is applied to its primary.