The four-firm concentration ratio measures
A) profitability.
B) economic efficiency.
C) technological efficiency.
D) competitiveness.
Question 2
Long Beach Island, off the coast of New Jersey, is considering enhancing its system of satellite towers to help communication during emergencies such as hurricanes.
A study showed that in Superstorm Sandy the existing number of satellite towers resulted in the marginal social cost of a satellite tower being less than the marginal social benefit. To achieve efficiency, this study indicates that the A) system should be left as is because the quantity of satellite towers is efficient.
B) system should be reduced in size because the quantity of satellite towers is more than the efficient quantity.
C) system should be expanded because the quantity of satellite towers is less than the efficient quantity.
D) None of the above because the study erred in comparing the marginal social cost to the marginal social benefit since it should have compared the marginal private cost to the marginal private benefit.
Measures of ocean chlorophyll-a concentrations from part of Atlantic Canada in (a) January 2006, and
Basic two-handed kneading. Tissues are lifted with the whole hand in firm contact.
Forest products and the economic value
In plant fossils, stomatal density is used to estimate CO2 concentration in the atmosphere
economic question
economic question