Author Question: The market demand curve for a resource is the a. horizontal sum of the demand curves for that ... (Read 30 times)

DelorasTo

  • Hero Member
  • *****
  • Posts: 548
The market demand curve for a resource is the
 a. horizontal sum of the demand curves for that resource in all its various uses
  b. difference among the demand curves for that resource in all its various uses
  c. demand for that resource in its best use
  d. sum of the demand curves for that resource in its best two uses
  e. vertical sum of the demand curve for that resource in all its various uses

Question 2

The optimal level of pollution occurs where the marginal social benefit is equal to
 a. marginal private cost, which equals marginal social cost plus marginal external cost
  b. marginal social cost, which equals marginal private cost plus marginal external cost
  c. marginal external cost, which equals marginal private cost plus marginal social cost
  d. marginal private cost, which equals marginal social cost plus marginal internal cost
  e. marginal social cost, which equals marginal private cost plus marginal internal cost



jharrington11

  • Sr. Member
  • ****
  • Posts: 365
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

For a complete list of videos, visit our video library