In the above figure, 300,000 purses per month is
A) the efficient amount to produce because at 300,000 purses marginal social benefit equals marginal social cost.
B) the efficient amount to produce because at 300,000 purses marginal social benefit is greater than marginal social cost.
C) an inefficient amount to produce because at 300,000 purses marginal social benefit equals marginal social cost.
D) an inefficient amount to produce because producing 500,000 purses sets the marginal social benefit equal to zero.
Question 2
In the above table, if the price of labor is 10 per hour and the price of capital is 20 per unit, which method of producing 50 space crafts is economically efficient?
A) Technique W
B) Technique X
C) Technique Y
D) Technique Z
Species of the algal genus Dinobryon not only photosynthesize, but are also efficient predators of b
(A) The nine regions of the abdominopelvic cavity. (B) The four regions of the abdomen, which are re
Figure 7.1 shows the rapid decline in the trust of Americans in government since the 1960s. This de
Colossal Figure of Akhenaten
opener E. coli have been genetically engineered to produce lycopene
The large, white flowers of giant saguaro cactus (Carnegiea gigantea) produce sweet nectar. The flow