[Answered] Refer to the scenario above. Jack will derive ________ units of utility if he tries to move the tree ...

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student77

Hero Member
Posts: 567

on: Jun 29, 2018

Refer to the scenario above. Jack will derive ________ units of utility if he tries to move the tree while Jill does not try at all.

A) 5
B) -5
C) -2
D) 10

Question 2

Refer to the figure above. Social surplus will be maximized if the quantity supplied of Good X is ________.

A) Q1
B) Q2
C) greater than Q1
D) greater than Q2

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Marked as best answer by a Subject Expert

jamesnevil303

Sr. Member
Posts: 337

Reply #1 on: Jun 29, 2018

Answer to Question 1

B

Answer to Question 2

B

student77

Hero Member
Posts: 567

Reply #2 on: Jun 29, 2018

Thank you

jamesnevil303

Sr. Member
Posts: 337

Reply #3 on: Jun 29, 2018

No problemo

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