Learning Goal: I’m working on a macro economics discussion question and need support to help me learn.
4.1 Learning Outcomes:
- Define Willingness to Pay (WTP)
- Evaluate the opportunity cost
- Determine Dead Weight Loss (DWL)
4.2 Action Required:
Watch the video using the following link:
https://www.youtube.com/watch?v=kF1c8ujpTYY
4.3 Test your Knowledge (Question):
Discuss the dead weight Loss
4.4 Instructions
Answer the given question in Discussion Board.
Your answers should not exceed 100 words.