In the above figure, if 2 million computers are produced per year then the ________ should be produced to achieve the allocatively efficient use of resources.
A) marginal cost of a computer exceeds the marginal benefit of a computer, so more computers
B) marginal cost of a computer exceeds the marginal benefit of a computer, so fewer computers
C) marginal benefit of a computer exceeds the marginal cost of a computer, so more computers
D) marginal benefit of a computer exceeds the marginal cost of a computer, so fewer computers
Question 2
The above figure shows a linear (straight-line) demand curve. Starting at point A and then moving to point B and then point C, the price elasticity of demand
A) increases.
B) decreases.
C) increases and then decreases.
D) decreases and then increases.
Nitrogenous wastes produced by different animal groups.
Computers 'Talk' to Yeast
Hydrocephalus. The figure on the left is a child with the enlarged ventricles of hydrocephalus. The
figure 18-1 pituitary hormones
The figure shows an LR circuit with a switch and a 240-volt battery. At the instant the switch ...
Refer to (d) in the figure above. This rectifier arrangement