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

Author Question: A marginal benefit curve shows A) the efficient use of resources. B) the quantity of one good ... (Read 75 times)

tth

  • Hero Member
  • *****
  • Posts: 579
A marginal benefit curve shows
 
  A) the efficient use of resources.
  B) the quantity of one good that must be forgone to get more of another good.
  C) the quantity of one good that people are willing to forgo to get another unit of another good.
  D) there are increasing opportunity costs.

Question 2

In which of the following types of auctions can bidders NOT see each other's bid?
 
  A) English auction
  B) Dutch auction
  C) Silent auctions
  D) Sealed-bid auction



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Awesome

  • Sr. Member
  • ****
  • Posts: 280
Answer to Question 1

C

Answer to Question 2

D




tth

  • Member
  • Posts: 579
Reply 2 on: Jun 29, 2018
Wow, this really help


matt95

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
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?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

For a complete list of videos, visit our video library