Which of the following does NOT result from restricting output below the equilib
ID: 2507059 • Letter: W
Question
Which of the following does NOT result from restricting output below the equilibrium level of output? Profit is maximized. Some portion of consumer surplus is transferred to producer surplus. The Welfare Loss Triangle includes the loss of both consumer and producer surplus from units not produced that would have yielded both additional consumer and additional producer surplus. The Welfare Loss Triangle shows total deadweight loss from not allowing output to reach the profit maximizing level of output.Which of the following does NOT result from restricting output below the equilibrium level of output? Profit is maximized. Some portion of consumer surplus is transferred to producer surplus. The Welfare Loss Triangle includes the loss of both consumer and producer surplus from units not produced that would have yielded both additional consumer and additional producer surplus. The Welfare Loss Triangle shows total deadweight loss from not allowing output to reach the profit maximizing level of output.
Which of the following does NOT result from restricting output below the equilibrium level of output? Which of the following does NOT result from restricting output below the equilibrium level of output? Profit is maximized. Some portion of consumer surplus is transferred to producer surplus. The Welfare Loss Triangle includes the loss of both consumer and producer surplus from units not produced that would have yielded both additional consumer and additional producer surplus. The Welfare Loss Triangle shows total deadweight loss from not allowing output to reach the profit maximizing level of output. Profit is maximized. Some portion of consumer surplus is transferred to producer surplus. The Welfare Loss Triangle includes the loss of both consumer and producer surplus from units not produced that would have yielded both additional consumer and additional producer surplus. The Welfare Loss Triangle shows total deadweight loss from not allowing output to reach the profit maximizing level of output.
Explanation / Answer
d) The Welfare Loss Triangle shows total deadweight loss from not allowing output to reach the profit maximizing level of output.