« previous next »

Author Question: In the above table, if the market is perfectly competitive and unregulated, at the equilibrium level ... (Read 68 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?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Competitive enzyme immunoassay. (a) Shows the uninhibited reaction and (b) shows the inhibited ... Competitive enzyme immunoassay. (a) Shows the uninhibited reaction and (b) shows the inhibited ...
Good body mechanics when facing the table directly. A. Head and back in alignment. B. Legs and feet ... Good body mechanics when facing the table directly. A. Head and back in alignment. B. Legs and feet ...
Finish with bilateral stroking to the entire back. Stand at head of the table with fingers pointing ... Finish with bilateral stroking to the entire back. Stand at head of the table with fingers pointing ...
Mobilize the rib cage. Redrape to cover the chest, and stand to one side of the table. Place your ... Mobilize the rib cage. Redrape to cover the chest, and stand to one side of the table. Place your ...
Consumerism and Sustainability: Food from Farm to Table Consumerism and Sustainability: Food from Farm to Table
Keeping your feelings to yourself may increase your stress level Keeping your feelings to yourself may increase your stress level
Video: Requirements for nervous signals

For a complete list of videos, visit our video library