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Author Question: In the figure above, the richest 40 percent of households receive ________ of total income. A) 70 ... (Read 103 times)

chads108

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on: Jun 29, 2018
In the figure above, the richest 40 percent of households receive ________ of total income.
 
  A) 70 percent
  B) 30 percent
  C) 60 percent
  D) 80 percent

Question 2

Tom and Jerry are the only members of society. The table above shows their marginal benefits from defense satellites, a public good. If the marginal social cost of a satellite is 36, the efficient quantity of satellites is
 
  A) 1.
  B) 2.
  C) 3.
  D) 4.


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Kaytorgator

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

A

Answer to Question 2

D


chads108

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Reply 2 on: Jun 29, 2018
:D TYSM

coreycathey

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Reply 3 on: Yesterday
Excellent

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