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

Author Question: The marginal social cost of production is the A) marginal private cost plus the marginal external ... (Read 137 times)

clippers!

  • Hero Member
  • *****
  • Posts: 828
The marginal social cost of production is the
 
  A) marginal private cost plus the marginal external cost.
  B) same as the marginal cost of any externality.
  C) total cost of any externality.
  D) marginal private cost minus the marginal external cost.

Question 2

In the market for bananas, the price is 2.00 a bunch. An increase in the supply of bananas decreases the price of bananas and ________.
 
  A) the quantity supplied increases because the price falls
  B) increases the demand for bananas
  C) increases the quantity of bananas demanded
  D) creates a shortage of bananas



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mk6555

  • Sr. Member
  • ****
  • Posts: 310
Answer to Question 1

A

Answer to Question 2

C




clippers!

  • Member
  • Posts: 828
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


LegendaryAnswers

  • Member
  • Posts: 341
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

For a complete list of videos, visit our video library