Author Question: To achieve the efficient amount of use of a common resource, the use should be such that ________ ... (Read 119 times)

fox · **on:** Jun 29, 2018

To achieve the efficient amount of use of a common resource, the use should be such that ________ equals ________.

A) marginal social cost; marginal private cost
B) marginal social cost; marginal social benefit
C) marginal social benefit; marginal private cost
D) marginal private cost; marginal private benefit

Question 2

In the used car market, adverse selection can be limited by

A) offering warranties.
B) establishing loan limits.
C) requiring high deductibles.
D) requiring low deductibles.

choc0chan · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

B

Answer to Question 2

A

fox · **Reply #2 on:** Jun 29, 2018

Correct answers!

choc0chan · **Reply #3 on:** Jun 29, 2018

Great! Please up vote

Author Question: To achieve the efficient amount of use of a common resource, the use should be such that ________ ... (Read 119 times)

fox

To achieve the efficient amount of use of a common resource, the use should be such that ________ ...

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choc0chan

To achieve the efficient amount of use of a common resource, the use should be such that ________ ...

fox

To achieve the efficient amount of use of a common resource, the use should be such that ________ ...

choc0chan

To achieve the efficient amount of use of a common resource, the use should be such that ________ ...