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Author Question: The figure above shows the marginal social cost of generating electricity and the marginal private ... (Read 114 times)

Alainaaa8

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The figure above shows the marginal social cost of generating electricity and the marginal private cost. For 4 billion kilowatts, what is the marginal external cost?
 
  A) 0.12
  B) 0.08
  C) 0.04
  D) 0.00
  E) 0.20

Question 2

Suppose all tickets to the World Series have already been sold. Will any further sales occur if the going price rises?
 
  A) No, and therefore a higher price will have no effect.
  B) No, but a smaller quantity will be demanded.
  C) Not unless more tickets are printed.
  D) Yes, as some ticket-holders sell to others.
  E) Yes, but the further sales will reduce the price to the original level.


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cassie_ragen

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Alainaaa8

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Reply 2 on: Jun 29, 2018
Excellent


nothere

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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