Which explains why supply curves slope upward to the right? A) ...

[Chloeellawright]

Which explains why supply curves slope upward to the right?
 
  A) Sunk costs
  B) Decreasing average costs
  C) Increasing marginal costs
  D) Multiple per-unit costs

Question 2

The above figure shows the market for college education in the United States. With no government intervention, the unregulated market equilibrium is ________ because education generates ________.
 
  A) efficient; positive external benefits
  B) inefficient; positive external benefits
  C) inefficient; positive external costs
  D) efficient; positive external costs
  E) inefficient; public goods

[billybob123]

Answer to Question 1

C

Answer to Question 2

B

[Chloeellawright]

TYSM

[sultansheikh]

Thanks for the timely response, appreciate it