« previous next »

Author Question: In the above table, if the market is perfectly competitive and unregulated, at the equilibrium level ... (Read 27 times)

debasdf

  • Hero Member
  • *****
  • Posts: 570
on: Jun 29, 2018
In the above table, if the market is perfectly competitive and unregulated, at the equilibrium level of output, the marginal social benefit per unit is
 
  A) zero.
  B) 20 per unit.
  C) 50 per unit.
  D) 70 per unit.

Question 2

Janelle spends all of her 40 income on songs from iTunes (1 each) and applications (4 each) for her iTouch. What is her budget equation?
 
  A) 1  Qsong - 5  Qapp = Y
  B) Qsong = 10 - 4  Qapp
  C) 40 + 1  Qsong = 4  Qapp
  D) Qapp = 10 - 1/4  Qsong


kristenb95

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Nuclear division at the DNA level Nuclear division at the DNA level
The fuel level must be above 15% and below 85% before the EVAP monitor will run on most vehicles. The fuel level must be above 15% and below 85% before the EVAP monitor will run on most vehicles.
With the arm placed on the table, apply effleurage over the entire upper limb as a reconnecting and ... With the arm placed on the table, apply effleurage over the entire upper limb as a reconnecting and ...
How to create a frequency table and histogram from raw data How to create a frequency table and histogram from raw data
How to determine if a table of values represents a linear or quadratic relationship How to determine if a table of values represents a linear or quadratic relationship
graphic(04-40.jpg) Mary pushes horizontally on a large, heavy table which is s graphic(04-40.jpg) Mary pushes horizontally on a large, heavy table which is s
Video: Role of transport in a cell

For a complete list of videos, visit our video library