This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If producing a good or a service creates pollution, then A) an unregulated competitive market ... (Read 72 times)

stevenposner

  • Hero Member
  • *****
  • Posts: 608
on: Jun 29, 2018
If producing a good or a service creates pollution, then
 
  A) an unregulated competitive market produces an efficient output.
  B) the industry's supply curve includes the extra cost of pollution.
  C) at the unregulated, competitive market equilibrium quantity, marginal social cost is greater than the equilibrium price.
  D) at the unregulated, competitive market equilibrium quantity, marginal social benefit and marginal social cost are equal.
  E) at the unregulated, competitive market equilibrium quantity, marginal social benefit is less than the equilibrium price.

Question 2

Managers of a natural monopoly regulated using rate of return regulation have an incentive to
 
  A) exaggerate the firm's costs.
  B) underestimate the firm's costs.
  C) minimize the monopoly's deadweight loss.
  D) make zero economic profit.
  E) exaggerate the firm's profit.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Mholman93

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 29, 2018
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 56% of students answer this correctly


stevenposner

  • Member
  • Posts: 608
Reply 2 on: Jun 29, 2018
Excellent

juliaf

  • Member
  • Posts: 344
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

onions taste good onions taste good
Nonpoint Sources of Pollution Nonpoint Sources of Pollution
Josiah Wedgwood, Queen's Ware dinner service (detail). Josiah Wedgwood, Queen's Ware dinner service (detail).
Avocados are a good source of pantothenic acid, dietary fiber, vitamin K Avocados are a good source of pantothenic acid, dietary fiber, vitamin K
Dried fruits are good source of sulfur Dried fruits are good source of sulfur
A car wash reduced the price of a basic wash as a promotion and test of the market. With the ... A car wash reduced the price of a basic wash as a promotion and test of the market. With the ...
Video: Nervous pathway to the Neuromuscular (NMJ)

For a complete list of videos, visit our video library