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

Author Question: In order to assure allocative efficiency: a. people's marginal rate of substitution must equal the ... (Read 106 times)

anshika

  • Hero Member
  • *****
  • Posts: 510
on: Jul 1, 2018
In order to assure allocative efficiency:
 a. people's marginal rate of substitution must equal the economy's rate of product transformation.
  b. people's marginal rate of substitution must equal the firm's rate of technical substitution among inputs.
  c. a firm's rate of technical substitution must equal the economy's rate of product transformation.
  d. all of the above.

Question 2

The antitrust laws regulate all of the following business decisions except ____.
 a. collusion
  b. mergers
  c. monopolistic practices
  d. price discrimination
  e. wage levels


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mfedorka

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

e


anshika

  • Hero Member
  • *****
  • Posts: 510
Reply #2 on: Jul 1, 2018
Thank you


mfedorka

  • Sr. Member
  • ****
  • Posts: 324
Reply #3 on: Jul 1, 2018
No problemo


« previous next »
 

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

The insect family Coenagrionidae is found in the order Odonata and the suborder Zygoptera. The insect family Coenagrionidae is found in the order Odonata and the suborder Zygoptera.
C, A nurse can also administer the medication by setting the dose and rate with an electronic infusi C, A nurse can also administer the medication by setting the dose and rate with an electronic infusi
These illustrations show Ellen Craft, a slave with and without a disguise. She dressed “as a disting These illustrations show Ellen Craft, a slave with and without a disguise. She dressed “as a disting
On March 25, 1911, as scores of young factory girls leaped to their deaths from the eighth, ninth, a On March 25, 1911, as scores of young factory girls leaped to their deaths from the eighth, ninth, a
In middle childhood, children are increasingly able to understand other people’s thoughts, ... In middle childhood, children are increasingly able to understand other people’s thoughts, ...
Top Ten States Ranked by Rate or Reported Bacterial STI Cases in 2011 Top Ten States Ranked by Rate or Reported Bacterial STI Cases in 2011
Video: Second Messengers in the Inositol-lipid Signaling Pathway

For a complete list of videos, visit our video library