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

Author Question: When production of a good results in an external cost, the unregulated competitive market ... (Read 195 times)

mynx

  • Hero Member
  • *****
  • Posts: 555
When production of a good results in an external cost, the unregulated competitive market equilibrium is inefficient because ________.
 
  A) MSC = MC
  B) MSC = MB
  C) MSC > MB
  D) MSC < MB
  E) MSC is undefined

Question 2

When a shortage of a goods leads to a price increase, its price usually rises because
 
  A) Americans are committed to capitalism.
  B) most people are better off if it does.
  C) sellers can benefit by raising their prices.
  D) higher prices lead to scarce goods being allocated most efficiently.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

AngeliqueG

  • Sr. Member
  • ****
  • Posts: 343
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly




mynx

  • Member
  • Posts: 555
Reply 2 on: Jun 29, 2018
Excellent


Liamb2179

  • Member
  • Posts: 365
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

For a complete list of videos, visit our video library