This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: For a public good, the marginal social benefit curve is the ________ summation of all the individual ... (Read 91 times)

Frost2351

  • Hero Member
  • *****
  • Posts: 557
on: Jun 29, 2018
For a public good, the marginal social benefit curve is the ________ summation of all the individual marginal benefit curves.
 
  For a private good, the marginal social benefit curve is the ________ summation of all the individual marginal benefit curves. A) horizontal; vertical
  B) vertical; horizontal
  C) vertical; vertical
  D) horizontal; horizontal

Question 2

The CORRECT ranking of the four basic market structures from low (Herfindahl-Hirschaman Index) HHI to high HHI is
 
  A) perfect competition, oligopoly, monopolistic competition, monopoly.
  B) monopoly, oligopoly, monopolistic competition, perfect competition.
  C) perfect competition, monopolistic competition, oligopoly, monopoly.
  D) monopoly, monopolistic competition, oligopoly, perfect competition.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

thall411

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


Frost2351

  • Member
  • Posts: 557
Reply 2 on: Jun 29, 2018
:D TYSM

abro1885

  • Member
  • Posts: 337
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

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?

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?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
Vienna: Social Structure and Social Interaction Vienna: Social Structure and Social Interaction
Marx's Model Of The Social Classes Marx's Model Of The Social Classes
The Kuznets Curve in England and Wales, 1823–1915 The Kuznets Curve in England and Wales, 1823–1915
Injuries That Benefit from Burn Center Care Injuries That Benefit from Burn Center Care
Social Learning in Lobsters Social Learning in Lobsters
Video: Brief Summary on Photosynthesis - Animation

For a complete list of videos, visit our video library