This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Refer to the table above. What is the marginal rent cost if the firm decides to choose factory Far ... (Read 85 times)

PhilipSeeMore

  • Hero Member
  • *****
  • Posts: 561
on: Jun 29, 2018
Refer to the table above. What is the marginal rent cost if the firm decides to choose factory Far over factory Very Far?
 
  A) 40
  B) 100
  C) 150
  D) -150

Question 2

Which of the following statements is true?
 
  A) The command system is remarkable at providing price signals that guide resources in a way that maximizes social surplus.
  B) Market economies minimize waste and provide incentives to all market participants to promote their own interests.
  C) Coordination of different economic agents and bringing them together to trade is a central problem of a free market economy.
  D) The broader interests of societies are met more often under a command system in comparison to a market system.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

micaelaswann

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


PhilipSeeMore

  • Member
  • Posts: 561
Reply 2 on: Jun 29, 2018
Gracias!

cassie_ragen

  • Member
  • Posts: 347
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th
The Periodic Table (Part 1) The Periodic Table (Part 1)
Carrie Mae Weems, Untitled (Man Smoking/Malcolm X), from The Kitchen Table Series. Carrie Mae Weems, Untitled (Man Smoking/Malcolm X), from The Kitchen Table Series.
How to find the first and second differences for any table of values How to find the first and second differences for any table of values
Layers of sheets and towels on the table for a body wrap. Layers of sheets and towels on the table for a body wrap.
APA Table - SPSS APA Table - SPSS
Video: Barriers - eye structures, digestive mucosa, respiratory mucosa & genitourinary mucosa

For a complete list of videos, visit our video library