Author Question: In the figure above, the richest 40 percent of households receive ________ of total income. A) 70 ... (Read 88 times)

chads108 · **on:** Jun 29, 2018

In the figure above, the richest 40 percent of households receive ________ of total income.

A) 70 percent
B) 30 percent
C) 60 percent
D) 80 percent

Question 2

Tom and Jerry are the only members of society. The table above shows their marginal benefits from defense satellites, a public good. If the marginal social cost of a satellite is 36, the efficient quantity of satellites is

A) 1.
B) 2.
C) 3.
D) 4.