Reffonomics Video -- Deadweight Loss

After watching the video, scroll down to take the three multiple choice questions.





1. At a price of $6, what is the total deadweight loss?

A) $12
B) $2
C) $1
D) $0.50
E) $0



2. At a price of $7, what is the total consumer surplus?

A) $21
B) $10.50
C) $6
D) $4.50
E) $0



3. At a price of $8, what is the total deadweight loss?

A) $18
B) $9
C) $8
D) $4
E) $0