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

Author Question: In the above figure, what is the marginal social cost to the economy of producing the four-hundredth ... (Read 72 times)

jrubin

  • Hero Member
  • *****
  • Posts: 552
In the above figure, what is the marginal social cost to the economy of producing the four-hundredth pretzel?
 
  A) 0
  B) 2.00
  C) 4.00
  D) None of the above answers are correct.

Question 2

A decrease in consumption will result in
 
  A) both total utility and marginal utility decreasing.
  B) total utility increasing, but marginal utility decreasing.
  C) total utility decreasing, but marginal utility increasing.
  D) both total utility and marginal utility increasing.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ultraflyy23

  • Sr. Member
  • ****
  • Posts: 312
Answer to Question 1

C

Answer to Question 2

C




jrubin

  • Member
  • Posts: 552
Reply 2 on: Jun 29, 2018
Gracias!


okolip

  • Member
  • Posts: 362
Reply 3 on: Yesterday
:D TYSM

 

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?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

For a complete list of videos, visit our video library