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Author Question: When production of a good results in an external cost, the unregulated competitive market ... (Read 147 times)

mynx

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on: Jun 29, 2018
When production of a good results in an external cost, the unregulated competitive market equilibrium is inefficient because ________.
 
  A) MSC = MC
  B) MSC = MB
  C) MSC > MB
  D) MSC < MB
  E) MSC is undefined

Question 2

When a shortage of a goods leads to a price increase, its price usually rises because
 
  A) Americans are committed to capitalism.
  B) most people are better off if it does.
  C) sellers can benefit by raising their prices.
  D) higher prices lead to scarce goods being allocated most efficiently.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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AngeliqueG

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mynx

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

kthug

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Reply 3 on: Yesterday
Excellent

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