This topic contains a solution. Click here to go to the answer

Author Question: Refer to the above figure. An external benefit exists. The amount of that benefit is represented by ... (Read 117 times)

TFauchery

  • Hero Member
  • *****
  • Posts: 500
Refer to the above figure. An external benefit exists. The amount of that benefit is represented by
 
  A) P4.
  B) the vertical distance between D1 and D2.
  C) the distance between G and F.
  D) P3.

Question 2

When the supply and/or demand curve shift, the new market clearing price is
 
  A) reached instantaneously.
  B) reached only after the government intervenes in the market.
  C) reached after some period of adjustment.
  D) never reached.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

momo1250

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

B

Answer to Question 2

C




TFauchery

  • Member
  • Posts: 500
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


vickybb89

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

For a complete list of videos, visit our video library