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Author Question: For a good with an external cost, the supply curve A) represents the various quantities people ... (Read 87 times)

s.tung

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on: Jun 29, 2018
For a good with an external cost, the supply curve
 
  A) represents the various quantities people can buy.
  B) is the same as the marginal private cost curve.
  C) is the same as the marginal social cost curve.
  D) is the same as the marginal external cost curve.

Question 2

A perfectly competitive firm in a competitive labor market will hire more labor whenever
 
  A) its average revenue product of labor exceeds the wage rate.
  B) the wage rate exceeds its average revenue product of labor.
  C) its value of marginal product of labor exceeds the wage rate.
  D) the wage rate exceeds its value of marginal product of labor.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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joneynes

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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s.tung

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

jordangronback

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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