Author Question: The market demand curve for coffee is the same as the A) marginal social cost curve of coffee. ... (Read 91 times)

misspop

  • Hero Member
  • *****
  • Posts: 540
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
Answer to Question 1

B

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

For a complete list of videos, visit our video library