This topic contains a solution. Click here to go to the answer

Author Question: 20 is to be divided among two individualsGary and Jamie. Which of the following allocations is NOT ... (Read 133 times)

mspears3

  • Hero Member
  • *****
  • Posts: 586
20 is to be divided among two individualsGary and Jamie. Which of the following allocations is NOT Pareto efficient?
 
  A) Gary receives 1, and Jamie receives 19.
  B) Gary receives 19, and Jamie receives 1.
  C) Gary receives 8, and Jamie receives 9.
  D) Gary receives 15, and Jamie receives 5.

Question 2

At the profit-maximizing level of production of a monopolist, ________.
 
  A) marginal revenue equals marginal cost
  B) marginal revenue exceeds marginal cost
  C) marginal revenue is less than marginal cost
  D) both marginal revenue and marginal cost are negative



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jayson

  • Sr. Member
  • ****
  • Posts: 350
Answer to Question 1

C

Answer to Question 2

A




mspears3

  • Member
  • Posts: 586
Reply 2 on: Jun 29, 2018
Excellent


Sarahjh

  • Member
  • Posts: 370
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

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