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Author Question: A source of business risk is a change in A) technology. B) consumer preferences. C) input ... (Read 22 times)

evelyn o bentley

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A source of business risk is a change in
 
  A) technology.
  B) consumer preferences.
  C) input prices.
  D) All of the above

Question 2

The efficient quantity of a public good occurs when the marginal cost of providing that good equals the sum of the marginal benefits to all individuals.
 
  Indicate whether the statement is true or false



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fromAlphatoOmega22

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Answer to Question 1

D

Answer to Question 2

True . The demand for the public good is found by vertically summing so that we have the sum of the marginal benefits at each quantity.




evelyn o bentley

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


cpetit11

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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