Autoimmunity

question 3

Multiple Choice

Autoimmunity

• A)involves genetics
• B)can sometimes be gender associated
• C)can be hormone associated
• D)B and C
• E)all of the above

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Definitions:

Deadweight Loss

Reductions in combined consumer and producer surplus caused by an underallocation or overallocation of resources to the production of a good or service. Also called efficiency loss.

Producer Surplus

is the difference between what producers are willing to accept for a good or service versus what they actually receive, due to market prices.

Consumer Surplus

The difference between the total amount that consumers are willing to pay and the actual amount they pay for a good or service.

Equilibrium Quantity

The quantity of goods or services that is supplied and demanded at the equilibrium price in a market.