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Author Question: If the Marginal Congestion Cost for a public good is constant then the optimal number of users is ... (Read 67 times)

lb_gilbert

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on: Jul 1, 2018
If the Marginal Congestion Cost for a public good is constant then the optimal number of users is infinite
 
  a. True b. False

Question 2

The fact that many people drive faster than the posted speed limit suggests that
 
  A) not all price floors are enforceable.
  B) not all price and quantity regulations are enforceable.
  C) individual drivers act irrationally.
  D) government regulation is utterly useless.


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BUTTHOL369

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

b

Answer to Question 2

B


lb_gilbert

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

Dominic

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Reply 3 on: Yesterday
Excellent

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