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

Author Question: The portion of a worker's total earnings that is not necessary to keep the worker in her present job ... (Read 92 times)

panfilo

  • Hero Member
  • *****
  • Posts: 572
The portion of a worker's total earnings that is not necessary to keep the worker in her present job is called
 a. opportunity cost
  b. consumer surplus
  c. economic profit
  d. economic rent
  e. normal profit

Question 2

According to Coase,
 a. government regulation will almost always be necessary to eliminate negative externalities
  b. externality problems can be solved efficiently by the assignment of property rights if transaction costs are low
  c. when bargaining costs are high, it is necessary to assign property rights
  d. assignment of property rights will lead to equitable but inefficient solutions to externality problems
  e. there really is no externality problem with renewable resources



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

juicepod

  • Sr. Member
  • ****
  • Posts: 310
Answer to Question 1

D

Answer to Question 2

B




panfilo

  • Member
  • Posts: 572
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


bdobbins

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

For a complete list of videos, visit our video library