Solved

A Chemical Factory Dumps Waste into a River

Question 240

Multiple Choice

  A chemical factory dumps waste into a river.The figure above shows the demand curve for the chemical (D) and the marginal private cost (MC) and marginal social cost (MSC) of producing it. -In the figure above,when the market is unregulated and in equilibrium,the deadweight loss is ________ thousand per month. A) $250 B) $125 C) $150 D) $50 E) zero A chemical factory dumps waste into a river.The figure above shows the demand curve for the chemical (D) and the marginal private cost (MC) and marginal social cost (MSC) of producing it.
-In the figure above,when the market is unregulated and in equilibrium,the deadweight loss is ________ thousand per month.


A) $250
B) $125
C) $150
D) $50
E) zero

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents