« previous next »

Author Question: In the above table, if the market is perfectly competitive and unregulated, at the equilibrium level ... (Read 58 times)

debasdf

  • Hero Member
  • *****
  • Posts: 570
on: Jun 29, 2018
In the above table, if the market is perfectly competitive and unregulated, at the equilibrium level of output, the marginal social benefit per unit is
 
  A) zero.
  B) 20 per unit.
  C) 50 per unit.
  D) 70 per unit.

Question 2

Janelle spends all of her 40 income on songs from iTunes (1 each) and applications (4 each) for her iTouch. What is her budget equation?
 
  A) 1  Qsong - 5  Qapp = Y
  B) Qsong = 10 - 4  Qapp
  C) 40 + 1  Qsong = 4  Qapp
  D) Qapp = 10 - 1/4  Qsong


kristenb95

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

The Periodic Table (Part 2) The Periodic Table (Part 2)
Periodic Table of the Elements Periodic Table of the Elements
Sea-Level Rise Sea-Level Rise
The level of future emissions is closely linked to the rate of population growth The level of future emissions is closely linked to the rate of population growth
World Mean Sea-Level Temperatures in January World Mean Sea-Level Temperatures in January
Use the information in the above table to establish a Born-Haber cycle to determine the ... Use the information in the above table to establish a Born-Haber cycle to determine the ...
Video: Monohybrid crosses

For a complete list of videos, visit our video library