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

Author Question: A ________ externality occurs when a market transaction affects others through market prices. A) ... (Read 98 times)

sheilaspns

  • Hero Member
  • *****
  • Posts: 567
A ________ externality occurs when a market transaction affects others through market prices.
 
  A) positive
  B) negative production
  C) negative consumption
  D) pecuniary

Question 2

Refer to the figure above. What is the equilibrium quantity of labor hired by the firm when the wage rate is 6 per hour?
 
  A) 10 hours
  B) 30 hours
  C) 60 hours
  D) 90 hours



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fromAlphatoOmega22

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

D

Answer to Question 2

B





 

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

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?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

For a complete list of videos, visit our video library