When an external cost exists in the production of a good, firms tend to
A) under-produce the good since society pays these costs.
B) over-produce the good.
C) keep production constant throughout the year.
D) under-allocate resources to the production of the good.
Question 2
Refer to the above table. Suppose the demand for smartphones rises because more people use the Internet with a smartphone. The new equilibrium price will be
A) 200.
B) 275.
C) more than 275.
D) impossible to be determined given the information.
The arrangement of the external eye muscles: (A) lateral and (B) anterior views.
External ear.
Examples of the most common X-ray positions and the images they produce.
(a) Blue arrows (right side): External components of the innate immune system: human body with skin, ...
Cereal production in Africa may decrease by as much as 50% by 2080 in some areas
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.