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

Author Question: The ________ cost to society of producing an additional unit of a good or service is the marginal social cost. (Read 180 times)

iveyjurea

  • Hero Member
  • *****
  • Posts: 555
on: Apr 19, 2019

Question 1

Assuming there are no externalities, if a firm produces an output level where the benefits to consumers ________ the cost to suppliers to produce it, then price is ________ marginal cost.


◦ are less than; greater than
◦ exceed; less than
◦ are less than; less than
◦ equal; greater than

Question 2

The ________ cost to society of producing an additional unit of a good or service is the marginal social cost.


◦ private
◦ subsidized
◦ total
◦ damage
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by iveyjurea on Apr 19, 2019

IRincones

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


iveyjurea

  • Hero Member
  • *****
  • Posts: 555
Reply #2 on: Apr 19, 2019
Excellent


IRincones

  • Sr. Member
  • ****
  • Posts: 321
Reply #3 on: Apr 19, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Osteoporosis. (a) A section through normal spongy bone. (b) A section through a bone with osteoporos Osteoporosis. (a) A section through normal spongy bone. (b) A section through a bone with osteoporos
Humor and Violation of Social Norms Humor and Violation of Social Norms
An 1891 cartoon blames immigrants for the ills of American society: anarchy, socialism, mayhem, and An 1891 cartoon blames immigrants for the ills of American society: anarchy, socialism, mayhem, and
Grace Service, a YMCA missionary, explained that these porters worked at the base of Mount Omei in S Grace Service, a YMCA missionary, explained that these porters worked at the base of Mount Omei in S
The malfunction indicator lamp might be labeled “service engine soon,” which can cause ... The malfunction indicator lamp might be labeled “service engine soon,” which can cause ...
Social Problems: A Critical Power-Conflict Perspective Social Problems: A Critical Power-Conflict Perspective
Video: Carpal Tunnel Syndrome

For a complete list of videos, visit our video library