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

Author Question: At a competitive equilibrium with no externalities, taxes, subsidies, public goods, common ... (Read 114 times)

sc00by25

  • Hero Member
  • *****
  • Posts: 596
on: May 24, 2019
At a competitive equilibrium with no externalities, taxes, subsidies, public goods, common resources, or high transactions costs, which of the following occurs?
i.  an efficient outcome
ii.  definitely a fair outcome when judged by the fair-results approach
iii.  marginal cost equals marginal benefit
iv.  producer surplus equals consumer surplus
◦ i and iii
◦ i, ii and iii
◦ ii and iii
◦ i, ii, iii and iv
◦ only i
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 sc00by25 on May 24, 2019

GCabra

  • Sr. Member
  • ****
  • Posts: 331
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 25% of students answer this correctly


sc00by25

  • Hero Member
  • *****
  • Posts: 596
Reply #2 on: May 24, 2019
Thanks


GCabra

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: May 24, 2019
Welcome :)


« previous next »
 

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Feral Rock Pigeons are common pests in public spaces in cities Feral Rock Pigeons are common pests in public spaces in cities
Common skin signs are often evidence of an illness or disorder. A wheal is a localized, evanescent ... Common skin signs are often evidence of an illness or disorder. A wheal is a localized, evanescent ...
Common Bacterial Pathogens Common Bacterial Pathogens
Common Pathological Conditions of the Integumentary System Common Pathological Conditions of the Integumentary System
Common Oral Lesions/Conditions Associated with HIV Infections and Treatment Guidelines Common Oral Lesions/Conditions Associated with HIV Infections and Treatment Guidelines
Four common staining procedures used in chromosomal analysis. Most karyotypes are prepared using G-b Four common staining procedures used in chromosomal analysis. Most karyotypes are prepared using G-b
Video: Kidney Stones

For a complete list of videos, visit our video library