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

Author Question: To achieve the efficient amount of use of a common resource, the use should be such that ________ ... (Read 112 times)

fox

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
To achieve the efficient amount of use of a common resource, the use should be such that ________ equals ________.
 
  A) marginal social cost; marginal private cost
  B) marginal social cost; marginal social benefit
  C) marginal social benefit; marginal private cost
  D) marginal private cost; marginal private benefit

Question 2

In the used car market, adverse selection can be limited by
 
  A) offering warranties.
  B) establishing loan limits.
  C) requiring high deductibles.
  D) requiring low deductibles.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

choc0chan

  • Sr. Member
  • ****
  • Posts: 362
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


fox

  • Hero Member
  • *****
  • Posts: 540
Reply #2 on: Jun 29, 2018
Correct answers!


choc0chan

  • Sr. Member
  • ****
  • Posts: 362
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Some common functional groups of biomolecules Some common functional groups of biomolecules
Common Homophones Common Homophones
Common Blood Chemistry Tests Common Blood Chemistry Tests
Common Bacterial Pathogens Common Bacterial Pathogens
Common Abbreviations and Symbols Used by Massage Therapists Cont Common Abbreviations and Symbols Used by Massage Therapists Cont
This ciliated protozoan is a Stentor. Stentor are common in freshwater lakes and rivers This ciliated protozoan is a Stentor. Stentor are common in freshwater lakes and rivers
Video: Calvin cycle (The light-independent reactions )

For a complete list of videos, visit our video library