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Author Question: An inframarginal positive externality _____. a. requires subsidization to reach an optimal level ... (Read 21 times)

faduma

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on: Jul 1, 2018
An inframarginal positive externality _____.
 
  a. requires subsidization to reach an optimal level of output
  b. requires regulation to reach an optimal level of output
  c. requires corrective taxation to reach an optimal level of output
   d. requires no action because the optimal level of output has been reached

Question 2

If MPK = 3, and MRTS = -4 what is MPL?
 
  A) 12
  B) -12
  C) 4/3
  D) -4/3


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Kaytorgator

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Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

A


faduma

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

bimper21

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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