In the above figure, if output is 30 units, then the total deadweight loss is
A) $5.
B) $10.
C) $20.
D) $60.
B
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The main weapon advocated by the AFL to win their demands was the __________.
Fill in the blank(s) with the appropriate word(s).
The income approach to measuring GDP:
A. uses the factors payments made by businesses to households to estimate GDP. B. ignores how income is earned and focuses instead on how it is used. C. adds up all household expenditures to calculate aggregate income and GDP. D. focuses on how income is spent.
The operating profitability of casinos comes primarily from the fact that
A. the expected value of any gamble (to the gambler) is negative. B. they typically charge an enormous amount for alcohol. C. they typically have a significant cover charge. D. the expected value of any gamble (to the casino) is negative.
Total Variable Cost (TVC)
What will be an ideal response?