Microeconomic MCQ 1: 18 Deadweight loss is
A) present in all markets.
B) the difference between consumer surplus and producer surplus.
C) positive in markets where equilibrium is distorted by price controls or taxes.
D) always larger than consumer surplus.
E) always smaller than producer surplus

Question

18 Deadweight loss is
A) present in all markets.
B) the difference between consumer surplus and producer surplus.
C) positive in markets where equilibrium is distorted by price controls or taxes.
D) always larger than consumer surplus.
E) always smaller than producer surplus

Gonza R · Accepted Answer

C) positive in markets where equilibrium is distorted by price controls or taxes.

Microeconomic MCQ 1

18 Deadweight loss is A) present in all markets. B) the difference between consumer surplus and producer surplus. C) positive in markets where equilibrium is distorted by price controls or taxes. D) always larger than consumer surplus. E) always smaller than producer surplus

C) positive in markets where equilibrium is distorted by price controls or taxes.

Autor