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 120 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?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

How do you set yourself apart in a country so rich that of its 4.6 million people, 79,000 are ... How do you set yourself apart in a country so rich that of its 4.6 million people, 79,000 are ...
How to solve a linear system by the substitution method How to solve a linear system by the substitution method
How to use implicit differentiation with higher order derivatives How to use implicit differentiation with higher order derivatives
Demographic change and the effect on people social, and economic life Demographic change and the effect on people social, and economic life
Sonja is paid $42.50 per hour as a veterinarian. She is paid 1 times the regular rate for all ... Sonja is paid $42.50 per hour as a veterinarian. She is paid 1 times the regular rate for all ...
Irene Manufacturing uses a predetermined overhead allocation rate based on a percentage of ... Irene Manufacturing uses a predetermined overhead allocation rate based on a percentage of ...
Video: Deafness Culture

For a complete list of videos, visit our video library