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

Author Question: John receives a marginal benefit of 80 from one missile. Nick receives a marginal benefit of 50 from ... (Read 64 times)

mp14

  • Hero Member
  • *****
  • Posts: 534
on: Jun 29, 2018
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
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


mp14

  • Member
  • Posts: 534
Reply 2 on: Jun 29, 2018
Gracias!

elyse44

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

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?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

John Lindley John Lindley
In 1839 Mary Cragin, at the age of twenty-nine, became a convert to John Humphrey Noyes’s “communism In 1839 Mary Cragin, at the age of twenty-nine, became a convert to John Humphrey Noyes’s “communism
A parade for Grover Cleveland in Chicago in 1892, by John Klir. Music, mirth, real drama—a president A parade for Grover Cleveland in Chicago in 1892, by John Klir. Music, mirth, real drama—a president
How Orbital Eccentricity Changes the Amount of Solar Radiation Earth Receives How Orbital Eccentricity Changes the Amount of Solar Radiation Earth Receives
Eero Saarinen, TWA Terminal, John F. Kennedy International Airport, interior, New York. Eero Saarinen, TWA Terminal, John F. Kennedy International Airport, interior, New York.
Video: Glycolysis - and oxygen

For a complete list of videos, visit our video library