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 25 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
Excellent


Zebsrer

  • Member
  • Posts: 284
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

For a complete list of videos, visit our video library