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Author Question: If the marginal social cost of producing a ton of cement is 4,000 and the marginal private cost is ... (Read 70 times)

justinmsk

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on: Jun 29, 2018
If the marginal social cost of producing a ton of cement is 4,000 and the marginal private cost is 3,500, then the
 
  A) marginal benefit of a ton of cement will equal 4,000.
  B) total cost of producing a ton of cement is 7,500.
  C) marginal external cost of producing a ton of cement is 500.
  D) marginal external cost of producing a ton of cement is 7,500.
  E) marginal external cost of producing a ton of cement is 4,000.

Question 2

The only way to eliminate all competition from social life would be through
 
  A) abolishing money.
  B) eliminating all scarcity.
  C) eliminating all selfishness.
  D) giving government the power to control everything.
  E) making everyone as concerned about others as they are about themselves.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Brummell1998

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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.
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justinmsk

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

cam1229

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Reply 3 on: Yesterday
Wow, this really help

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