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

Author Question: The graph shows costs and benefits of a mosquito control program, which is a public good: a) What ... (Read 86 times)

Cooldude101

  • Hero Member
  • *****
  • Posts: 557
on: Jun 29, 2018
The graph shows costs and benefits of a mosquito control program, which is a public good:
 
  a) What is the quantity of spraying that achieves efficiency?
  b) What is the political equilibrium if voters are well informed?

Question 2

Does Mr. McConaughey's marginal utility from spending time with family and friends and from breaking a sweat obey the principle of diminishing marginal utility?
 
  A) No, neither obeys the principle of diminishing marginal utility.
  B) Only breaking a sweat obeys the principle of diminishing marginal utility.
  C) Yes, they both obey the principle of diminishing marginal utility.
  D) Only spending time with friends and family obeys the principle of diminishing marginal utility.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

underwood14

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 29, 2018
Answer to Question 1

a) Efficiency is reached at the quantity where marginal social benefit equals marginal social cost, i.e. at 5 square miles per day.
b) If voters are well informed, the political equilibrium will be the efficient quantity of spraying, 5 square miles per day.

Answer to Question 2

C


Cooldude101

  • Member
  • Posts: 557
Reply 2 on: Jun 29, 2018
Gracias!

frankwu0507

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

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

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Negative control of a repressible set of genes: function of the trp repressor and corepressor in reg Negative control of a repressible set of genes: function of the trp repressor and corepressor in reg
Reconstructed Australopithecus afarensis spine shows that species walked upright. Reconstructed Australopithecus afarensis spine shows that species walked upright.
Shope’s Model of Young Driver Crash Risks The model shows that many factors contribute to crash ris Shope’s Model of Young Driver Crash Risks The model shows that many factors contribute to crash ris
The digital image of a fetus shows a well-developed head and a comparatively smaller body. At 7 ... The digital image of a fetus shows a well-developed head and a comparatively smaller body. At 7 ...
Humoral control of blood sugar levels. Humoral control of blood sugar levels.
Control of BP and Blood Flow Control of BP and Blood Flow
Video: Types of disease resistance: innate defenses & immunity

For a complete list of videos, visit our video library