« previous next »

Author Question: Based on the data in the above table, the table shows a market for a good with A) an external ... (Read 77 times)

NClaborn

  • Hero Member
  • *****
  • Posts: 560
on: Jun 29, 2018
Based on the data in the above table, the table shows a market for a good with
 
  A) an external cost.
  B) an external benefit.
  C) a mixed externality.
  D) no externalities.

Question 2

At a monopolistically competitive firm's current level of product development, marginal revenue of product development is greater than its marginal cost. The firm will ________.
 
  A) sell only new products
  B) increase product development only if the consumer benefits
  C) decrease product development
  D) increase product development


JYan

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

This photo shows a newborn baby minutes after birth. This photo shows a newborn baby minutes after birth.
How to fit an exponential model to data How to fit an exponential model to data
Knead the calf muscles with both hands. Place the foot flat on the table, knee bent. Reach behind ... Knead the calf muscles with both hands. Place the foot flat on the table, knee bent. Reach behind ...
How to create a table of values displaying commission and earnings (Question 1) How to create a table of values displaying commission and earnings (Question 1)
External ear External ear
Table - Correlation Analysis Table - Correlation Analysis
Video: Metaphase I Animation

For a complete list of videos, visit our video library