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Author Question: A firm's goal is to maximize normal profit. Indicate whether the statement is true or ... (Read 149 times)

EAugust

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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


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iceage

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

FALSE

Answer to Question 2

C


EAugust

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Reply #2 on: Jun 29, 2018
Thank you


iceage

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Reply #3 on: Jun 29, 2018
No problemo


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