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

Author Question: Discuss the Corn Laws and their purpose. What will be an ideal ... (Read 73 times)

cagreen833

  • Hero Member
  • *****
  • Posts: 544
Discuss the Corn Laws and their purpose.
 
  What will be an ideal response?

Question 2

Medical research that results in a cure for a serious disease produces positive externalities. What is the impact of this positive externality on economic efficiency?
 
  A) At equilibrium, less than the economically efficient quantity of medical research is produced.
  B) At equilibrium, more than the economically efficient quantity of medical research is produced.
  C) A deadweight loss occurs because at equilibrium the marginal social cost of medical research is greater than the marginal social benefit.
  D) A deadweight loss occurs because at equilibrium the marginal social cost equals the marginal social benefit.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aruss1303

  • Sr. Member
  • ****
  • Posts: 314
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.
Answer Preview
Only 45% of students answer this correctly




cagreen833

  • Member
  • Posts: 544
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


cam1229

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

For a complete list of videos, visit our video library