This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is TRUE about every point along a utilities possibilities frontier? A) Markets are perfectly ... (Read 64 times)

Mollykgkg

  • Hero Member
  • *****
  • Posts: 529
on: Jul 1, 2018
What is TRUE about every point along a utilities possibilities frontier?
 
  A) Markets are perfectly competitive.
  B) It is possible to move to from one point on the frontier to another point and make everyone better off.
  C) All allocations are efficient.
  D) It includes some unattainable points.

Question 2

Refer to Figure 9.6. As a result of this policy, producer surplus will be
 
  A) 2000.
  B) 3375.
  C) 4500.
  D) 6000.
  E) 12,000.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jackie

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

C


Mollykgkg

  • Member
  • Posts: 529
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

dreamfighter72

  • Member
  • Posts: 355
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Eye ball perfectly labelled (map) Eye ball perfectly labelled (map)
Surgical needle shapes: (A) taper point; (B) cutting point. Surgical needle shapes: (A) taper point; (B) cutting point.
Midsagittal section indicating locations of true and false pelves Midsagittal section indicating locations of true and false pelves
The slope of the curve y = ax^3 - bx^2 + cx - 3 at x = 2 is 5. If the point of inflection of the cur The slope of the curve y = ax^3 - bx^2 + cx - 3 at x = 2 is 5. If the point of inflection of the cur
The molality of a C12H23O11 solution is 0.6 m. what is the freezing point of the solution C? The molality of a C12H23O11 solution is 0.6 m. what is the freezing point of the solution C?
Emerson’s Three-Point Test-Cross Analysis Emerson’s Three-Point Test-Cross Analysis
Video: Gas exchange - partial pressure, locations, external and internal respiration

For a complete list of videos, visit our video library