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

Author Question: Which of the following best explains why it is sometimes efficient to charge a positive price for ... (Read 27 times)

ncasson210

  • Full Member
  • ***
  • Posts: 148
on: Oct 12, 2022
Which of the following best explains why it is sometimes efficient to charge a positive price for the use of some products such as museums, beaches, and roads?
◦ Each person consuming the product has a positive marginal benefit and should therefore pay a positive price.
◦ Since these products are excludable and non-rivalrous, it is always efficient to charge a positive price.
◦ Since these products are non-excludable, it is sometimes efficient to charge a positive price.
◦ Since these products are excludable, marginal cost is always positive, and a positive price is appropriate.
◦ Once these products become congested they become rivalrous, marginal cost is positive, and a positive price is then efficient.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ncasson210 on Oct 12, 2022

avelasquez

  • Full Member
  • ***
  • Posts: 168
Reply #1 on: Oct 12, 2022
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


ncasson210

  • Member
  • Posts: 148
Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

Laurenleakan

  • Member
  • Posts: 309
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Charge development is unfavorable and can be circumvented by donation of a proton Charge development is unfavorable and can be circumvented by donation of a proton
Positive and Negative Symptoms of Schizophrenia Positive and Negative Symptoms of Schizophrenia
How to find two positive angles less than 360° that have a tangent of −2.25 How to find two positive angles less than 360° that have a tangent of −2.25
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
The threshold model explains the discontinuous distribution of some multifactorial traits. In this m The threshold model explains the discontinuous distribution of some multifactorial traits. In this m
"The Department of Agriculture came out today with its prediction for food price "The Department of Agriculture came out today with its prediction for food price
Video: Calvin Cycle Explained!

For a complete list of videos, visit our video library