Examlex

Solved

According to the Graph Shown, If the Market Goes from Equilibrium

question 57

Multiple Choice

  According to the graph shown, if the market goes from equilibrium to having its price set at $4: A)  deadweight loss will be $90. B)  consumer surplus will be $160. C)  deadweight loss will be $60. D)  consumer surplus will rise by $30. According to the graph shown, if the market goes from equilibrium to having its price set at $4:


Definitions:

Top/Bottom Rules

A feature found in spreadsheet applications for data filtering, highlighting the highest or lowest values in a dataset based on specified criteria.

Cell Range

A set of contiguous or selected cells in a spreadsheet that has been specified for a particular operation or function.

Adjacent

Located next to or near another element, often implying direct contact or a close relationship.

Orientation

In technology, it often refers to the layout of a page or screen, which can be either portrait (vertical) or landscape (horizontal).

Related Questions