Exhibit 3A-1 Comparison of Market Efficiency and Deadweight Loss

question 65

Multiple Choice

Exhibit 3A-1 Comparison of Market Efficiency and Deadweight Loss As shown in Exhibit 3A-1, if the market price falls from $3.00 to $2.00, then:

• A)consumer surplus increases.
• B)producer surplus increases.
• C)deadweight loss is eliminated.
• D)all of these are true.