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

Author Question: Which of the following are the rules for finding the point of allocative efficiency? (Read 39 times)

Yolanda

  • Hero Member
  • *****
  • Posts: 757
on: May 24, 2019
Which of the following are the rules for finding the point of allocative efficiency?
◦ Produce on the PPF and then produce where the marginal benefit and marginal cost are as large as possible.
◦ Produce on the PPF and then produce where marginal benefit equals marginal cost.
◦ Produce on the PPF and then produce where marginal benefit and marginal cost are constant.
◦ Produce on the PPF and then produce where the marginal benefit exceeds marginal cost by as much as possible.
◦ Produce anywhere on the PPF.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Yolanda on May 24, 2019

jxjsniuniu

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: May 24, 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 39% of students answer this correctly


Yolanda

  • Member
  • Posts: 757
Reply 2 on: May 24, 2019
Wow, this really help

helenmarkerine

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Two-Point Threshold Device for Measuring Touch Acuity Two-Point Threshold Device for Measuring Touch Acuity
Finding the angle from a ratio (Part 1) Finding the angle from a ratio (Part 1)
Finding the derivative using the power rule - Solutions Finding the derivative using the power rule - Solutions
Finding derivatives of Trig Functions - pt 2 Finding derivatives of Trig Functions - pt 2
Finding derivatives of Trig Functions - pt 6 Finding derivatives of Trig Functions - pt 6
finding the resultant force finding the resultant force
Video: Neuron structure and function - sensory neurons, association neurons & motor neurons

For a complete list of videos, visit our video library