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

Author Question: Which of the following CORRECTLY defines utilitarianism? A) Cost will increase if production ... (Read 54 times)

biggirl4568

  • Hero Member
  • *****
  • Posts: 551
on: Jun 29, 2018
Which of the following CORRECTLY defines utilitarianism?
 
  A) Cost will increase if production increases.
  B) The difference between what a consumer is willing to pay and what actually has to be paid.
  C) Society should strive to achieve the greatest good for the greatest number.
  D) Equality will not result in efficient outcomes.

Question 2

The above figure illustrates a single-price unregulated monopolist. If the monopolist maximizes its profit, the deadweight loss equals ________.
 
  A) 10,000
  B) 20,000
  C) 45,000
  D) 40,000


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

pikon

  • Sr. Member
  • ****
  • Posts: 361
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


biggirl4568

  • Member
  • Posts: 551
Reply 2 on: Jun 29, 2018
Gracias!

at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Elle and associates investigated the cost to Datura wrightii of producing sticky leaf trichomes. Elle and associates investigated the cost to Datura wrightii of producing sticky leaf trichomes.
Many diesel fuel additives increase the cetane rating which results in improved fuel economy. Many diesel fuel additives increase the cetane rating which results in improved fuel economy.
World Aquaculture Production "لإنتاج العالمي لتربية الأحياء" World Aquaculture Production "لإنتاج العالمي لتربية الأحياء"
Effect of an Increase in Technological Progress Effect of an Increase in Technological Progress
A company that makes cell phones has the following cost structure. They have fixed costs of ... A company that makes cell phones has the following cost structure. They have fixed costs of ...
Examples of Polypeptide Production from Synthetic mRNAs Examples of Polypeptide Production from Synthetic mRNAs
Video: Egg and Sperm Formations in Animals Animation

For a complete list of videos, visit our video library