This topic contains a solution. Click here to go to the answer

Author Question: The amount of the external marginal cost per ton illustrated in the above figure is A) 8.00 per ... (Read 40 times)

tichca

  • Hero Member
  • *****
  • Posts: 554
The amount of the external marginal cost per ton illustrated in the above figure is
 
  A) 8.00 per ton.
  B) 12.00 per ton.
  C) 16.00 per ton.
  D) zero because no external cost is illustrated.

Question 2

Producer surplus is the price of a good minus the opportunity cost of producing it, summed over the quantity produced.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

deja

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

A

Answer to Question 2

TRUE




tichca

  • Member
  • Posts: 554
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


amcvicar

  • Member
  • Posts: 341
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

For a complete list of videos, visit our video library