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Exhibit 3A-2 Comparison of Market Efficiency and Deadweight Loss

Question 121

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Exhibit 3A-2 Comparison of Market Efficiency and Deadweight Loss Exhibit 3A-2 Comparison of Market Efficiency and Deadweight Loss   -As shown in Exhibit 3A-2, if the market price falls from P<sub>2</sub> to P<sub>3</sub>, then: A)  consumer surplus increases. B)  producer surplus increases. C)  deadweight loss increases. D)  all of the above are true. E)  none of the above are true.
-As shown in Exhibit 3A-2, if the market price falls from P2 to P3, then:


A) consumer surplus increases.
B) producer surplus increases.
C) deadweight loss increases.
D) all of the above are true.
E) none of the above are true.

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