« previous next »

Author Question: Based on the data in the above table, the table shows a market for a good with A) an external ... (Read 71 times)

NClaborn

  • Hero Member
  • *****
  • Posts: 560
on: Jun 29, 2018
Based on the data in the above table, the table shows a market for a good with
 
  A) an external cost.
  B) an external benefit.
  C) a mixed externality.
  D) no externalities.

Question 2

At a monopolistically competitive firm's current level of product development, marginal revenue of product development is greater than its marginal cost. The firm will ________.
 
  A) sell only new products
  B) increase product development only if the consumer benefits
  C) decrease product development
  D) increase product development


JYan

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

This image shows growing blood vessels in the retina of a mouse This image shows growing blood vessels in the retina of a mouse
External and internal male genitalia. External and internal male genitalia.
Based on this figure, what pathway is used during urinary catheterization, in which a tube is ... Based on this figure, what pathway is used during urinary catheterization, in which a tube is ...
Demographic Data for India Demographic Data for India
Data management short answer q Data management short answer q
table table
Video: Darwin's Observation (Fossils, Galapagos Islands & Africa ) and Natural Selection (Adaptive Traits)

For a complete list of videos, visit our video library