[Answered] As the stock of a depletable resource falls, its user cost A) rises. B) falls. C) is ...

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Author Question: As the stock of a depletable resource falls, its user cost A) rises. B) falls. C) is ... (Read 101 times)

rmenurse

Hero Member
Posts: 513

on: Jul 1, 2018

As the stock of a depletable resource falls, its user cost

A) rises.
B) falls.
C) is unchanged, but its price rises.
D) is unchanged, but the extraction cost rises.
E) is unchanged, but its true cost rises.

Question 2

Refer to Scenario 10.8. The deadweight loss from monopoly is ________.

A) 0
B) 5
C) 10
D) 25
E) none of the above

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kristenb95

Sr. Member
Posts: 318

Reply #1 on: Jul 1, 2018

Answer to Question 1

A

Answer to Question 2

B

rmenurse

Hero Member
Posts: 513

Reply #2 on: Jul 1, 2018

Correct answers!

kristenb95

Sr. Member
Posts: 318

Reply #3 on: Jul 1, 2018

Great! Please up vote

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Author Question: As the stock of a depletable resource falls, its user cost A) rises. B) falls. C) is ... (Read 101 times)

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