This topic contains a solution. Click here to go to the answer

Author Question: John receives a marginal benefit of 80 from one missile. Nick receives a marginal benefit of 50 from ... (Read 97 times)

mp14

  • Hero Member
  • *****
  • Posts: 534
John receives a marginal benefit of 80 from one missile. Nick receives a marginal benefit of 50 from one missile. Christina receives a marginal benefit of 65 from one missile. John, Nick, and Christina are the only people in the economy.
 
  What is the economy's marginal social benefit from one missile? A) 50
  B) 65
  C) 80
  D) 195

Question 2

The figure above shows Freda's PPF. Freda currently produces 10 packets of fudge and no cookies. If Freda decides to produce 1 packet of cookies, her opportunity cost of the packet of cookies is ________ of fudge.
 
  A) 1 packet
  B) 1/2 packet
  C) 2 packets
  D) 0 packets



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Alyson.hiatt@yahoo.com

  • Sr. Member
  • ****
  • Posts: 354
Answer to Question 1

D

Answer to Question 2

C




mp14

  • Member
  • Posts: 534
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


6ana001

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

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

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

For a complete list of videos, visit our video library