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Author Question: Consider the stock of ocean tuna which is massively overfished. It is rational for an individual to ... (Read 58 times)

nautica902

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on: Jun 29, 2018
Consider the stock of ocean tuna which is massively overfished. It is rational for an individual to exploit the resource rather than to conserve the stock because
 
  A) the marginal private benefit of harvesting tuna is lower than the marginal social benefit of harvesting it.
  B) the marginal private cost of harvesting the fish is lower than the marginal social cost.
  C) the marginal social cost of harvesting the fish is lower than the marginal private cost.
  D) the marginal private benefit of harvesting tuna is higher than the marginal social benefit of harvesting it.

Question 2

Refer to Table 2-16. What is Estonia's opportunity cost of producing one cell phone?
 
  A) 0.2 board feet of lumber B) 5 board feet of lumber
  C) 8 board feet of lumber D) 32 board feet of lumber
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Bsand8

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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nautica902

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

samiel-sayed

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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