This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Derived demand refers to a. demand curves derived from utility functions b. an individual demand ... (Read 101 times)

Awilson837

  • Hero Member
  • *****
  • Posts: 509
on: Jun 30, 2018
Derived demand refers to
 a. demand curves derived from utility functions
  b. an individual demand curve estimated from a market demand curve
  c. a market demand curve estimated from individual demand curves
  d. demand for a resource derived from the demand for the product produced by that resource
  e. demand for a product derived from the demand for the resource used to make that product

Question 2

Marginal social cost is equal to
 a. total private cost
  b. marginal private cost
  c. marginal external cost
  d. marginal private cost plus marginal external cost
  e. marginal private cost divided by marginal external cost


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bfulkerson77

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


Awilson837

  • Member
  • Posts: 509
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

okolip

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Structure of cholesterol and steroid hormones derived from cholesterol Structure of cholesterol and steroid hormones derived from cholesterol
How to integrate trigonometric functions containing sine and cosine with odd powers (Part 1) How to integrate trigonometric functions containing sine and cosine with odd powers (Part 1)
Niche: An individual’s ecological role Niche: An individual’s ecological role
The demand for energy is met by burning coal and other fossil fuels The demand for energy is met by burning coal and other fossil fuels
Derivatives of reciprocal trigonometric functions Derivatives of reciprocal trigonometric functions
Video: Acid-base imbalances - compensation of respiratory acidosis and alkalosis

For a complete list of videos, visit our video library