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

Author Question: What is TRUE about every point along a utilities possibilities frontier? A) Markets are perfectly ... (Read 23 times)

Mollykgkg

  • Hero Member
  • *****
  • Posts: 529
on: Jul 1, 2018
What is TRUE about every point along a utilities possibilities frontier?
 
  A) Markets are perfectly competitive.
  B) It is possible to move to from one point on the frontier to another point and make everyone better off.
  C) All allocations are efficient.
  D) It includes some unattainable points.

Question 2

Refer to Figure 9.6. As a result of this policy, producer surplus will be
 
  A) 2000.
  B) 3375.
  C) 4500.
  D) 6000.
  E) 12,000.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jackie

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

C

Answer to Question 2

C


Mollykgkg

  • Member
  • Posts: 529
Reply 2 on: Jul 1, 2018
Gracias!

amit

  • Member
  • Posts: 364
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« 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?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

A 6-point socket fits the head of a bolt or nut on all sides. A 12-point socket can round off the ... A 6-point socket fits the head of a bolt or nut on all sides. A 12-point socket can round off the ...
Four Possibilities in Judging the Presence or Absence of a Stimulus Four Possibilities in Judging the Presence or Absence of a Stimulus
Major marma point locations. Major marma point locations.
Midsagittal section indicating locations of true and false pelves Midsagittal section indicating locations of true and false pelves
Four 2.0-µC point are at the corners of a rectangle with sides of length 3.0 cm and 4.0 cm. ... Four 2.0-µC point are at the corners of a rectangle with sides of length 3.0 cm and 4.0 cm. ...
Relationship Between the Atlas and the Axis. The Dens of the Axis Provides a Pivotal Point Around Wh Relationship Between the Atlas and the Axis. The Dens of the Axis Provides a Pivotal Point Around Wh
Video: Red Blood Cells - Erythropoietin (EPO)

For a complete list of videos, visit our video library