« previous next »

Author Question: The market demand curve for coffee is the same as the A) marginal social cost curve of coffee. ... (Read 97 times)

misspop

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
The market demand curve for coffee is the same as the
 
  A) marginal social cost curve of coffee.
  B) marginal social benefit curve of coffee.
  C) opportunity cost curve of coffee.
  D) marginal social benefit curve minus the marginal social cost curve of coffee.

Question 2

A market demand curve measures
 
  A) how much a consumer is willing to pay for an additional unit of the good.
  B) the marginal social benefit of an additional unit of the good.
  C) the marginal social cost of an additional unit of the good.
  D) Both answers A and B are correct.


patma1981

  • Sr. Member
  • ****
  • Posts: 292
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Blood PH Curve Hemoglobin Blood PH Curve Hemoglobin
Vienna: Social Structure and Social Interaction Vienna: Social Structure and Social Interaction
A spark plug thread chaser is a low-cost tool that hopefully will not be used often, but is ... A spark plug thread chaser is a low-cost tool that hopefully will not be used often, but is ...
Marginal Products of Physical and Human Capital Marginal Products of Physical and Human Capital
At what speed does Grogzetti need to take the curve to avoid sliding? At what speed does Grogzetti need to take the curve to avoid sliding?
The age-of-onset curve for Huntington disease (HD) The age-of-onset curve for Huntington disease (HD)
Video: Lipid catabolism - lipolysis and beta oxidation and oxidation of fatty acids

For a complete list of videos, visit our video library