Exhibit 3A-2 Comparison of Market Efficiency and Deadweight Loss
-As shown in Exhibit 3A-2, if the quantity supplied of good X per year is Q_3, the result is:

Question

Exhibit 3A-2 Comparison of Market Efficiency and Deadweight Loss -As shown in Exhibit 3A-2, if the quantity supplied of good X per year is Q_3, the result is:

Quizplus · Accepted Answer

When the quantity supplied is Q_3,, it exceeds the equilibrium quantity (Q1) resulting in overproduction and inefficiency in the market. This leads to a deadweight loss, as some potential gains from trade are not realized. Therefore, all of the above options are true.