Author Question: A teenager plays his radio loudly at the beach. What can we conclude? A) He creates a negative ... (Read 107 times)

Mimi

  • Hero Member
  • *****
  • Posts: 542
A teenager plays his radio loudly at the beach. What can we conclude?
 
  A) He creates a negative externality if it unintentionally annoys or upsets others.
  B) He creates a positive externality if it unintentionally benefits others who enjoy the same music.
  C) He creates no externality, if others remain unaffected by the music.
  D) All of the above.

Question 2

Which of the following statements is true of marginal analysis?
 
  A) Marginal analysis is a tool used in optimization in levels.
  B) Marginal analysis compares the consequences of doing one more step of something.
  C) Marginal analysis of alternatives will mostly give an outcome different from optimization in levels.
  D) Marginal analysis involves the calculation of total net benefits of all the available alternatives.


brittanywood

  • Sr. Member
  • ****
  • Posts: 355
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

For a complete list of videos, visit our video library