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Author Question: Which of the following represents the resource supply curve faced by a firm that hires resources in ... (Read 114 times)

faduma

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  • Posts: 528
on: Jun 30, 2018
Which of the following represents the resource supply curve faced by a firm that hires resources in a perfectly competitive resource market?
 a. its ATC curve
  b. its AVC curve
  c. its MRP curve
  d. its MRC curve
  e. its AFC curve

Question 2

Which of the following creates a positive externality?
 a. a paper mill polluting a river
  b. a stock market crash
  c. a neighbor that beautifies her lawn
  d. taxes and subsidies
  e. the greenhouse effect


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iman

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

C


faduma

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

Bigfoot1984

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Reply 3 on: Yesterday
Excellent

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