
Micro: Deadweight loss from Monopoly
Authored by Alia A
Other
University
Used 3+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is defined as the difference between what the consumer would have been willing to pay and the market price that he or she DID pay?
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is the benefit to society that is the sum total of the surpluses realized by each of the consumers?
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is the area above the supply curve, up to the price line, that represents the benefit gained by producers?
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is the term for the difference between the total benefit to society under a competitive market and society under a monopoly?
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which market structure leads to a combination of Consumer Surplus and Producer Surplus for the benefit of society?
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
In a competitive market, what is the area above the market price, up to the demand curve, that represents the benefit gained by consumers?
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is the term for the objective price minus the seller's subjective price, representing the benefit to producers?
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
16 questions
Adopt me Questions #1
Quiz
•
KG - University
15 questions
Barcode Verification Basics
Quiz
•
University
20 questions
PRE TEST PKWU KELAS XII
Quiz
•
University
20 questions
NMMS MAT 7காலம் சார்ந்த கணக்குகள்
Quiz
•
University
15 questions
PLANE TABLE SURVEYING
Quiz
•
University
15 questions
VARIAÇÃO LIGUÍSTICA COM ROBISMAR ALENCAR
Quiz
•
University
20 questions
MIS Chapter 4
Quiz
•
University
15 questions
STOCK MARKET
Quiz
•
8th Grade - University
Popular Resources on Wayground
7 questions
History of Valentine's Day
Interactive video
•
4th Grade
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
fractions
Quiz
•
3rd Grade
15 questions
Valentine's Day Trivia
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
Discover more resources for Other
18 questions
Valentines Day Trivia
Quiz
•
3rd Grade - University
12 questions
IREAD Week 4 - Review
Quiz
•
3rd Grade - University
23 questions
Subject Verb Agreement
Quiz
•
9th Grade - University
5 questions
What is Presidents' Day?
Interactive video
•
10th Grade - University
7 questions
Renewable and Nonrenewable Resources
Interactive video
•
4th Grade - University
20 questions
Mardi Gras History
Quiz
•
6th Grade - University
10 questions
The Roaring 20's Crash Course US History
Interactive video
•
11th Grade - University
17 questions
Review9_TEACHER
Quiz
•
University