consumer and producer surplus, Microeconomics

Assignment Help:
Suppose that demand is downward sloping and supply upward sloping. Subsidies cause dead weight loss despite the fact that:

1)consumer surplus increases.
2)total surplus increases.
3)producer surplus increases.
is the answer is number one or the combination of number 1 and 2 alsi is true?

Related Discussions:- consumer and producer surplus

Determine the oldest ideas in economics, Determine the oldest ideas in econ...

Determine the oldest ideas in economics One of the oldest ideas in economics is that increases in technology certainly run into natural resource scarcity and so lead to increas

Sales revenue, how advertisement affects the sales revenue of a form

how advertisement affects the sales revenue of a form

Garrisons capital-based macroeconomics, Consider an economy with high innov...

Consider an economy with high innovative potential, but where saving is insufficient to fund innovative investments. Use Garrison's capital-based macroeconomics to explain how more

Protectionism and free trade, reasons for and against free trade with forei...

reasons for and against free trade with foreign sector

What is micro economics, Micro economics is the study of individual unit of...

Micro economics is the study of individual unit of an economy

Real business cycles, REAL BUSINESS CYCLES: The extent of this module ...

REAL BUSINESS CYCLES: The extent of this module is partly indicated in the title. It is about real business cycle (RBC) theory. In addition, it exposes you to New Classical Bu

Welfare analysis, Welfare Analysis 1-Of the following four institution...

Welfare Analysis 1-Of the following four institutions for allocating apartment to different people at different prices   i.  The competitive market  ii.  A discriminatin

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd