This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A firm's goal is to maximize normal profit. Indicate whether the statement is true or ... (Read 99 times)

EAugust

  • Hero Member
  • *****
  • Posts: 550
on: Jun 29, 2018
A firm's goal is to maximize normal profit.
 
  Indicate whether the statement is true or false

Question 2

When producers are hard to monitor and marginal costs differ across producers, ________ are an effective method to achieve efficient use of a ________.
 
  A) individual transferable quotas; public good
  B) marginal private benefits; public good
  C) individual transferable quotas; common resource
  D) individual transferable quotas; excludable good


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

iceage

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

FALSE

Answer to Question 2

C


EAugust

  • Hero Member
  • *****
  • Posts: 550
Reply #2 on: Jun 29, 2018
Thank you


iceage

  • Guest
Reply #3 on: Jun 29, 2018
No problemo


« previous next »
 

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Summation of Heart Sounds, Normal Physiological Split of S1 Summation of Heart Sounds, Normal Physiological Split of S1
Normal changes in the breast during a woman's life span Normal changes in the breast during a woman's life span
Neutrophils in a normal blood smear. Neutrophils in a normal blood smear.
Profit-maximizing Chart Profit-maximizing Chart
This image shows a normal third-trimester fetal brain This image shows a normal third-trimester fetal brain
Video: How to find out if a population is evolving?

For a complete list of videos, visit our video library