This topic contains a solution. Click here to go to the answer

Author Question: Producing paper creates pollution. There is no externality in the consumption of paper. The ... (Read 195 times)

Zulu123

  • Hero Member
  • *****
  • Posts: 525
Producing paper creates pollution. There is no externality in the consumption of paper. The efficient quantity of paper is when the
 
  A) marginal social benefit of paper is equal to zero.
  B) marginal social cost of the pollution from making paper is equal to zero.
  C) marginal social benefit of paper is equal to the marginal social cost of paper.
  D) marginal private cost of the pollution from making paper is equal to zero.

Question 2

The figure above shows Sam's budget line. Sam's budget line shows
 
  A) which combinations of gasoline and coffee Sam can afford.
  B) which combinations of gasoline and coffee Sam is planning to purchase.
  C) whether or not Sam thinks gasoline and coffee are worth their prices.
  D) whether or not Sam currently has enough gasoline and enough coffee.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

otokexnaru

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

C

Answer to Question 2

A




Zulu123

  • Member
  • Posts: 525
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


jamesnevil303

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

For a complete list of videos, visit our video library