Consumer Surplus Is a Good Measure of Economic Welfare If

question 82

Multiple Choice

Consumer surplus is a good measure of economic welfare if policymakers want to

• A)maximize total benefit.
• B)minimize deadweight loss.
• C)respect the preferences of sellers.
• D)respect the preferences of buyers.

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Definitions:

Puts()

A function in C programming language used to print a string to the standard output, followed by a newline character.

Substitutes

Replacement items or alternatives that can be used in place of original items, in programming this can refer to alternative code paths or values.

\0

\0 is the null character in C and other programming languages, used to denote the end of a string.

Newline Character

A special character used in computing to represent the end of a line of text and the start of a new line.