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Author Question: Refer to Figure 5-4. What does S2 represent? A) the market supply curve that reflects external ... (Read 48 times)

rl

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on: Jun 29, 2018
Refer to Figure 5-4. What does S2 represent?
 
  A) the market supply curve that reflects external cost
  B) the market supply curve that reflects social benefit
  C) the market supply curve that reflect private cost
  D) the market supply curve that reflects social cost

Question 2

If it costs Vijay 150 to design 5 Web sites and 175 to design 6 Web sites, then 175 is the marginal cost of producing the 6th Web site.
 
  Indicate whether the statement is true or false


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ankilker

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

FALSE


rl

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

cam1229

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

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