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The Size of a Deadweight Loss in a Market Is

Question 163

Multiple Choice
The size of a deadweight loss in a market is reduced by
A)government legislating a ceiling price.
B)government legislating a price floor.
C)market price being close to marginal cost.
D)creative destruction.

The size of a deadweight loss in a market is reduced by


A) government legislating a ceiling price.
B) government legislating a price floor.
C) market price being close to marginal cost.
D) creative destruction.

Correct Answer:

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