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Author Question: A demand curve is derived from A) the production possibilities curve. B) consumer's income. C) ... (Read 59 times)

fahad

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A demand curve is derived from
 
  A) the production possibilities curve.
  B) consumer's income.
  C) a demand schedule.
  D) an equilibrium.

Question 2

A negative externality is a situation in which
 
  A) there is a spillover of benefits.
  B) a cost associated with an economic activity is borne by a third party.
  C) a firm is paying in excess of the total costs of producing a good.
  D) none of the above.



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lucas dlamini

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Answer to Question 1

C

Answer to Question 2

B




fahad

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


Joy Chen

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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