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Author Question: The efficient output level of a public good occurs where the A) greatest number of free riders ... (Read 85 times)

piesebel

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on: Jun 29, 2018
The efficient output level of a public good occurs where the
 
  A) greatest number of free riders occurs.
  B) marginal cost of producing the last unit is equal to the marginal benefit realized by consumers.
  C) marginal cost of production is minimized.
  D) total cost of production is affordable.

Question 2

The demand for most farm products is relatively inelastic. A drought that reduces the supply of farm products will also cause farm revenues to fall.
 
  Indicate whether the statement is true or false
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Anna

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Reply #1 on: Jun 29, 2018
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.
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piesebel

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

nanny

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

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