« 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 88 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?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

External beam radiotherapy. External beam radiotherapy.
This map shows the percentage of Protestants by state in Germany. When compared to the previous map This map shows the percentage of Protestants by state in Germany. When compared to the previous map
Holland’s six basic types of people based on vocational interests (attitudes, abilities, and ... Holland’s six basic types of people based on vocational interests (attitudes, abilities, and ...
Based on the experiments summarized here, how do you think women would modify their interactions if ... Based on the experiments summarized here, how do you think women would modify their interactions if ...
External rotation of the shoulders External rotation of the shoulders
Development of the Eyes and Ears: External View - 28 days Embryo Development of the Eyes and Ears: External View - 28 days Embryo
Video: Deafness Culture

For a complete list of videos, visit our video library