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

Author Question: To achieve the efficient amount of use of a common resource, the use should be such that ________ ... (Read 109 times)

fox

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
To achieve the efficient amount of use of a common resource, the use should be such that ________ equals ________.
 
  A) marginal social cost; marginal private cost
  B) marginal social cost; marginal social benefit
  C) marginal social benefit; marginal private cost
  D) marginal private cost; marginal private benefit

Question 2

In the used car market, adverse selection can be limited by
 
  A) offering warranties.
  B) establishing loan limits.
  C) requiring high deductibles.
  D) requiring low deductibles.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

choc0chan

  • Sr. Member
  • ****
  • Posts: 362
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


fox

  • Hero Member
  • *****
  • Posts: 540
Reply #2 on: Jun 29, 2018
Correct answers!


choc0chan

  • Sr. Member
  • ****
  • Posts: 362
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

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.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Segregation according to resource factor among 40 species of British passerine birds. Segregation according to resource factor among 40 species of British passerine birds.
Prolapsed uterus. (a) A prolapse is the abnormal drop of the uterus into the vagina, representing th Prolapsed uterus. (a) A prolapse is the abnormal drop of the uterus into the vagina, representing th
Arthrocentesis. The aspiration of fluid is a common treatment for joint injuries resulting in inflam Arthrocentesis. The aspiration of fluid is a common treatment for joint injuries resulting in inflam
Common skin signs are often evidence of an illness or disorder. An erosion or ulcer is an eating or ... Common skin signs are often evidence of an illness or disorder. An erosion or ulcer is an eating or ...
Common Bacterial Pathogens Common Bacterial Pathogens
Saturated Fat Content of Common Dietary Fats. Saturated Fat Content of Common Dietary Fats.
Video: Interview with Person who has Panic Attacks

For a complete list of videos, visit our video library