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Author Question: If the marginal social benefit of a good equals the marginal private benefit of the good, then the ... (Read 120 times)

saliriagwu

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on: Jun 29, 2018
If the marginal social benefit of a good equals the marginal private benefit of the good, then the marginal external benefit of the good
 
  A) is zero.
  B) equals the marginal social benefit.
  C) equals the marginal social cost.
  D) equals the marginal private cost.

Question 2

If the monopoly illustrated in the figure above could engage in perfect price discrimination, then it would sell
 
  A) 30 tickets.
  B) 50 tickets.
  C) 60 tickets.
  D) 100 tickets.


mjbamaung

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

A

Answer to Question 2

C


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