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sheilaspns

Hero Member
Posts: 567

on: Jun 29, 2018

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

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fromAlphatoOmega22

Sr. Member
Posts: 345

Reply #1 on: Jun 29, 2018

Answer to Question 1

D

Answer to Question 2

B

sheilaspns

Hero Member
Posts: 567

Reply #2 on: Jun 29, 2018

Thank you

fromAlphatoOmega22

Sr. Member
Posts: 345

Reply #3 on: Jun 29, 2018

Happy to help you

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Author Question: A ________ externality occurs when a market transaction affects others through market prices. A) ... (Read 56 times)

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