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Author Question: Resource use is efficient when A) marginal social benefit exceeds marginal social cost. B) ... (Read 164 times)

Coya19@aol.com

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Resource use is efficient when
 
  A) marginal social benefit exceeds marginal social cost.
  B) marginal social cost is decreasing.
  C) marginal social benefit equals marginal social cost.
  D) marginal social benefit is increasing.

Question 2

Who benefits from an import quota on a good?
 
  A) domestic consumers of the good
  B) foreign governments
  C) domestic producers of the good
  D) foreign producers of the good



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firehawk60

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Answer to Question 1

C

Answer to Question 2

C




Coya19@aol.com

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Reply 2 on: Jun 29, 2018
Excellent


ktidd

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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