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Author Question: Using the data in the above table, when output increases from 4 to 9 units, the marginal cost of one ... (Read 80 times)

xclash

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Using the data in the above table, when output increases from 4 to 9 units, the marginal cost of one of those 5 units is
 
  A) 4.00.
  B) 4.25.
  C) 5.00.
  D) 6.25.

Question 2

Tom and Jerry are the only members of society. The table above shows their marginal benefits from defense satellites, a public good. If the marginal social cost of a satellite is 54, the quantity of satellites provided by a competitive market is
 
  A) 0.
  B) 1.
  C) 2.
  D) 3.



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kescobar@64

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Answer to Question 1

C

Answer to Question 2

A




xclash

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


ricroger

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Reply 3 on: Yesterday
Gracias!

 

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