Multiple Choice
-In the above figure,if the quantity is restricted to 500,000 and the price is allowed to rise to set the quantity demanded equal to the quantity supplied,then area C + area E is equal to
A) deadweight loss.
B) consumer surplus.
C) total surplus.
D) producer surplus.
E) total revenue.
Correct Answer:

Verified
Correct Answer:
Verified
Q61: Which of the following is an example
Q62: Allocating resources by the order of someone
Q64: Which of the following is true? When
Q65: Suppose the price of a scooter is
Q67: The price of a cowboy hat is
Q68: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" The figure
Q69: Which of the following leads to a
Q70: When a society achieves allocative efficiency,it<br>A) is
Q71: If the government imposes a tax on
Q280: When economists refer to "the invisible hand,"