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

Author Question: Derived demand refers to a. demand curves derived from utility functions b. an individual demand ... (Read 113 times)

Awilson837

  • Hero Member
  • *****
  • Posts: 509
on: Jun 30, 2018
Derived demand refers to
 a. demand curves derived from utility functions
  b. an individual demand curve estimated from a market demand curve
  c. a market demand curve estimated from individual demand curves
  d. demand for a resource derived from the demand for the product produced by that resource
  e. demand for a product derived from the demand for the resource used to make that product

Question 2

Marginal social cost is equal to
 a. total private cost
  b. marginal private cost
  c. marginal external cost
  d. marginal private cost plus marginal external cost
  e. marginal private cost divided by marginal external cost


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bfulkerson77

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


Awilson837

  • Member
  • Posts: 509
Reply 2 on: Jun 30, 2018
Excellent

amcvicar

  • Member
  • Posts: 341
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Different parts of the body mature at different rates. “General” refers to the body as a whole: the Different parts of the body mature at different rates. “General” refers to the body as a whole: the
Regions of the Human Visual Cortex and Their Functions Regions of the Human Visual Cortex and Their Functions
Individual Tubule Functions Individual Tubule Functions
A utility knife uses replaceable blades and can cut carpet and other materials. A utility knife uses replaceable blades and can cut carpet and other materials.
The original Supply and Demand graph The original Supply and Demand graph
The traditional human karyotypes derived from a normal female and a normal male The traditional human karyotypes derived from a normal female and a normal male
Video: The Pressure Flow Model in a Plant

For a complete list of videos, visit our video library