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Author Question: In a competitive market equilibrium the ________ equals the ________ of the last unit sold. A) ... (Read 62 times)

tiffannnnyyyyyy

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on: Jun 29, 2018
In a competitive market equilibrium the ________ equals the ________ of the last unit sold.
 
  A) marginal benefit; marginal cost B) total profit; marginal benefit
  C) profit; selling price D) total cost; marginal cost

Question 2

Compare two situations. (A ) A firm is not legally responsible for damages that result from air pollution caused by its production of steel. (B ) A firm is legally responsible for damages that result from its production of steel.
 
  Ronald Coase argued that if the property rights are assigned and transactions costs are low
  A) bargaining between the firm and the victims of the air pollution caused by the firm would lead to an equal reduction in pollution in situation (A ) and situation (B ).
  B) bargaining between the firm and the victims of the air pollution caused by the firm would lead to a greater reduction in pollution in situation (A ) than situation (B ).
  C) bargaining between the firm and the victims of the air pollution caused by the firm would lead to a smaller reduction in pollution in situation (A ) than situation (B ).
  D) bargaining between the firm and the victims of the air pollution caused by the firm will result in little reduction of pollution in either situation (A ) or (B ) because the firm has greater economic and political power than the victims.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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ngr69

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Reply #1 on: Jun 29, 2018
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.
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tiffannnnyyyyyy

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

TheDev123

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Reply 3 on: Yesterday
:D TYSM

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