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Author Question: The external benefit of a good A) equals its consumer surplus. B) equals its producer surplus. ... (Read 163 times)

appyboo

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on: Jun 29, 2018
The external benefit of a good
 
  A) equals its consumer surplus.
  B) equals its producer surplus.
  C) equals its total surplus.
  D) is a benefit from the good falling on people who are not the consumers of the good.

Question 2

Graphing the data in the above table with the number of workers on the horizontal axis and the average cost on the vertical axis, the graph would show
 
  A) first a negative and then a positive relationship.
  B) a horizontal line.
  C) no relationship.
  D) a linear relationship.


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Jordin Calloway

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


appyboo

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

komodo7

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Reply 3 on: Yesterday
Excellent

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