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Author Question: Refer to Table 8-28. Based on the table above, what is national income for this economy? A) 1,950 ... (Read 67 times)

casperchen82

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on: Jun 29, 2018
Refer to Table 8-28. Based on the table above, what is national income for this economy?
 
  A) 1,950 billion B) 2,250 billion C) 2,950 billion D) 3,550 billion

Question 2

Refer to Figure 5-3. At the competitive market equilibrium, for the last unit produced
 
  A) the size of the external cost is Pn - Po. B) the size of the external cost is Pm - Po.
  C) the size of the external benefit is Pn - Po. D) the size of the external benefit is Pm - Po.


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leeeep

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


casperchen82

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

vickybb89

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

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