This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Explain what change will bring a shift of a curve. What will be an ideal ... (Read 28 times)

sjones

  • Hero Member
  • *****
  • Posts: 520
on: Jun 29, 2018
Explain what change will bring a shift of a curve.
 
  What will be an ideal response?

Question 2

What is the optimal level of provision of public goods?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

AngeliqueG

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 29, 2018
Answer to Question 1

A curve shifts when there is a change in the value of a relevant variable that is not graphed on the axes. In this case the entire curve shifts.

Answer to Question 2

The optimal level of provision of public goods is the level at which resources are drawn from the production of other goods and services only to the extent that people want the public good and are willing to pay for it. At this level, society's willingness to pay per unit is equal to the marginal cost of producing the good.


sjones

  • Hero Member
  • *****
  • Posts: 520
Reply #2 on: Jun 29, 2018
Correct answers!


AngeliqueG

  • Sr. Member
  • ****
  • Posts: 343
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

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

Evolutionary change in the tetrapod lineage, showing a transitional form. Evolutionary change in the tetrapod lineage, showing a transitional form.
Despite the globe’s vast social change, people all over the world continue to make race a ... Despite the globe’s vast social change, people all over the world continue to make race a ...
A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ... A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ...
Bacteria growth curve Bacteria growth curve
Please fully explain the answer with steps Please fully explain the answer with steps
Please explain the different Rf values for xanthophyll’s in paper chromatography compared to ... Please explain the different Rf values for xanthophyll’s in paper chromatography compared to ...
Video: Kidney Stones

For a complete list of videos, visit our video library