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-The Figure Above Shows the Market for Brooms

Question 109

Multiple Choice

-The figure above shows the market for brooms.If 800 brooms are produced, A) consumer surplus is maximized. B) producer surplus is maximized. C) market failure and a deadweight loss occur. D) marginal cost is less than marginal benefit. E) there is no deadweight loss.
-The figure above shows the market for brooms.If 800 brooms are produced,


A) consumer surplus is maximized.
B) producer surplus is maximized.
C) market failure and a deadweight loss occur.
D) marginal cost is less than marginal benefit.
E) there is no deadweight loss.

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