This topic contains a solution. Click here to go to the answer

Author Question: At a competitive equilibrium, if there are no taxes, subsidies, price regulations, quantity ... (Read 42 times)

Alygatorr01285

  • Hero Member
  • *****
  • Posts: 564
At a competitive equilibrium, if there are no taxes, subsidies, price regulations, quantity regulations, or externalities,
◦ the marginal benefit is greater than the marginal cost.
◦ resource use is efficient.
◦ the marginal benefit is less than the marginal cost.
◦ both the marginal benefit and the marginal cost of the last unit produced equal zero.
◦ the marginal benefit is greater than the marginal cost by as much as possible.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Alygatorr01285 on May 24, 2019

connor417

  • Sr. Member
  • ****
  • Posts: 329
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly




connor417

  • Sr. Member
  • ****
  • Posts: 329

 

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

For a complete list of videos, visit our video library