« previous next »

Author Question: If the social cost of producing a good or service exceeds the private cost A) the sum of consumer ... (Read 53 times)

stephzh

  • Hero Member
  • *****
  • Posts: 556
on: Jun 29, 2018
If the social cost of producing a good or service exceeds the private cost
 
  A) the sum of consumer surplus and producer surplus is maximized.
  B) a positive externality exists.
  C) the market achieves economic efficiency.
  D) a negative externality exists.

Question 2

Sole proprietorships are ________ type of business.
 
  A) the most common B) the least risky C) the most profitable D) the least common
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Rilsmarie951

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Retrograde pyelogram. A contrast medium is injected into the ureter using a cystoscope, and the X-ra Retrograde pyelogram. A contrast medium is injected into the ureter using a cystoscope, and the X-ra
Who Goes to College? Comparing Social Class and Ability in Determining College Attendance Who Goes to College? Comparing Social Class and Ability in Determining College Attendance
To help make good electrical contact with the terminals without doing any harm, select the ... To help make good electrical contact with the terminals without doing any harm, select the ...
Economic and Social Development Economic and Social Development
Social Problems, 10th Social Problems, 10th
Social Media Dependency Activity Social Media Dependency Activity
Video: Inflammation and Fever

For a complete list of videos, visit our video library