« previous next »

Author Question: The market demand curve for coffee is the same as the A) marginal social cost curve of coffee. ... (Read 99 times)

misspop

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
The market demand curve for coffee is the same as the
 
  A) marginal social cost curve of coffee.
  B) marginal social benefit curve of coffee.
  C) opportunity cost curve of coffee.
  D) marginal social benefit curve minus the marginal social cost curve of coffee.

Question 2

A market demand curve measures
 
  A) how much a consumer is willing to pay for an additional unit of the good.
  B) the marginal social benefit of an additional unit of the good.
  C) the marginal social cost of an additional unit of the good.
  D) Both answers A and B are correct.


patma1981

  • Sr. Member
  • ****
  • Posts: 292
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

A theoretical photosynthetic response curve. A theoretical photosynthetic response curve.
Head rubbing and licking are common social behaviours within a pride Head rubbing and licking are common social behaviours within a pride
Zonal wind speeds on Uranus. Shaded areas show the southern collar and its future northern counterpa Zonal wind speeds on Uranus. Shaded areas show the southern collar and its future northern counterpa
Wright's Modification of Marx's Model Of The Social Classes Wright's Modification of Marx's Model Of The Social Classes
Hydroelectric power: 2013 Global Market Hydroelectric power: 2013 Global Market
The slope of the curve y = ax^3 - bx^2 + cx - 3 at x = 2 is 5. If the point of inflection of the cur The slope of the curve y = ax^3 - bx^2 + cx - 3 at x = 2 is 5. If the point of inflection of the cur
Video: Phases of an Action Potential - Resting Potential, Threshold, Rising, Falling, & Recovery Phases

For a complete list of videos, visit our video library