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Author Question: A ________ externality occurs when a market transaction affects others through market prices. A) ... (Read 58 times)

sheilaspns

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on: Jun 29, 2018
A ________ externality occurs when a market transaction affects others through market prices.
 
  A) positive
  B) negative production
  C) negative consumption
  D) pecuniary

Question 2

Refer to the figure above. What is the equilibrium quantity of labor hired by the firm when the wage rate is 6 per hour?
 
  A) 10 hours
  B) 30 hours
  C) 60 hours
  D) 90 hours


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fromAlphatoOmega22

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


sheilaspns

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Reply #2 on: Jun 29, 2018
Thank you :)


fromAlphatoOmega22

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Reply #3 on: Jun 29, 2018
Happy to help you


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