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Author Question: Resource use is efficient when A) marginal social benefit exceeds marginal social cost. B) ... (Read 210 times)

Coya19@aol.com

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on: Jun 29, 2018
Resource use is efficient when
 
  A) marginal social benefit exceeds marginal social cost.
  B) marginal social cost is decreasing.
  C) marginal social benefit equals marginal social cost.
  D) marginal social benefit is increasing.

Question 2

Who benefits from an import quota on a good?
 
  A) domestic consumers of the good
  B) foreign governments
  C) domestic producers of the good
  D) foreign producers of the good


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firehawk60

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Coya19@aol.com

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Reply 2 on: Jun 29, 2018
Wow, this really help

jamesnevil303

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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