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 84 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?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

A comparison of gradualism and punctuated equilibrium. A comparison of gradualism and punctuated equilibrium.
Common skin signs. Each of the illustrations depicts a section through skin Common skin signs. Each of the illustrations depicts a section through skin
The pH of common substances. The pH of common substances.
Prescriptions for common analgesics used in dentistry. Prescriptions for common analgesics used in dentistry.
Common Abbreviations and Symbols Used by Massage Therapists Cont Common Abbreviations and Symbols Used by Massage Therapists Cont
Three common eukaryotic promoter consensus sequence elements Three common eukaryotic promoter consensus sequence elements
Video: Power Supply Polyacrylamide Gel Protein Sample

For a complete list of videos, visit our video library