Figure 9.2
-Refer to Figure 9.2. At price 0H and quantity Q1, the deadweight loss is
A) DGC.
B) BDC.
C) BGC.
D) 0FGQ1.
E) none of the above

Name: Figure 9.2 -Refer to Figure 9.2. At price 0H and quantity Q1, the deadweight loss is A) DGC. B) BDC. C) BGC. D) 0FGQ1. E) none of the above
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Question

Figure 9.2
-Refer to Figure 9.2. At price 0H and quantity Q1, the deadweight loss is
A) DGC. 
B) BDC. 
C) BGC. 
D) 0FGQ1. 
E) none of the above

Quizplus · Accepted Answer

Deadweight loss is the area of the triangle BGC.

Figure 9.2 -Refer to Figure 9.2. at Price 0H and Quantity Q1