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Author Question: If production of a good creates an external cost, then, when production is such that the marginal ... (Read 84 times)

Coya19@aol.com

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on: Jun 29, 2018
If production of a good creates an external cost, then, when production is such that the marginal private costs are equal to the marginal private benefits, the market outcome will be inefficient.
 
  Explain whether this assertion is correct or incorrect.

Question 2

Compare and contrast the relative elasticities that you are likely to find between toothpicks and furniture. Explain your answer.
 
  What will be an ideal response?
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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laurnthompson

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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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Coya19@aol.com

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

upturnedfurball

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Reply 3 on: Yesterday
:D TYSM

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