This topic contains a solution. Click here to go to the answer

Author Question: Stores need not accept your check but must accept currency because: a. currency is backed by gold. ... (Read 22 times)

rayancarla1

  • Hero Member
  • *****
  • Posts: 571
Stores need not accept your check but must accept currency because:
 a. currency is backed by gold.
 b. checks are not money but currency is.
 c. currency is legal tender, but checks are not.
 d. currency is easier to handle.
 e. currency is a medium of exchange, but checks are not.

Question 2

The socially efficient level of output is determined where:
 a. marginal social cost equals marginal social benefit.
  b. marginal private cost equals marginal social benefit.
  c. average social cost equals average social benefit.
  d. average private cost equals average social benefit.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aburgess

  • Sr. Member
  • ****
  • Posts: 361
Answer to Question 1

c

Answer to Question 2

a




rayancarla1

  • Member
  • Posts: 571
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


epscape

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

For a complete list of videos, visit our video library