User charges are identical to market prices. a. True b. False[br][br][b][color=gray]Question ...

Author Question: User charges are identical to market prices. a. True b. False[br][br][b][color=gray]Question ... (Read 16 times)

cookcarl

Hero Member
Posts: 539

on: Jul 1, 2018

User charges are identical to market prices.

a. True b. False

Question 2

The above figure depicts the Edgeworth box for two individuals, Al and Bruce. Point c is Pareto efficient because

A) the MRS's are equal.
B) the indifference curves are tangent.
C) no mutual gains from trade exist.
D) All of the above.

Microeconomics ¦ Perloff ¦ 8^th Edition

Buy Test-Bank

ilianabrrr

Sr. Member
Posts: 332

Reply #1 on: Jul 1, 2018

Answer to Question 1

b

Answer to Question 2

D

Need homework help now?

Ask unlimited questions for free

Ask a Question

« previous next »

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).