« previous next »

Author Question: The economy's marginal benefit curve for a public good is found by ________ for all individuals. ... (Read 83 times)

eruditmonkey@yahoo.com

  • Hero Member
  • *****
  • Posts: 546
on: Jun 29, 2018
The economy's marginal benefit curve for a public good is found by ________ for all individuals.
 
  A) vertically summing the marginal benefit curves
  B) vertically summing the total benefit curves
  C) horizontally summing the total benefit curves
  D) horizontally summing the marginal benefit curves

Question 2

The figure above shows Sam's budget line. Which of the following formulas represents Sam's budget equation?
 
  A) 60.00 = 1.50/Qg + 3.00/Qc
  B) 60.00 = Qg /1.50 + Qc /3.00
  C) 60.00 = 1.50(Qg) + 3.00(Qc)
  D) 60.00 = 1.50(Qg) - 3.00(Qc)
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


brittanywood

  • Sr. Member
  • ****
  • Posts: 355
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

The formation of a chimeric gene that is found in people with certain forms of leukemia. The formation of a chimeric gene that is found in people with certain forms of leukemia.
A sigmoid (cooperative) binding curve A sigmoid (cooperative) binding curve
Common Functional Groups Found in Biomolecules Common Functional Groups Found in Biomolecules
To help make good electrical contact with the terminals without doing any harm, select the ... To help make good electrical contact with the terminals without doing any harm, select the ...
How to create a sine equation when the curve is given How to create a sine equation when the curve is given
Good contact feels full, confident, and deliberate and establishes a warm connection between massage ... Good contact feels full, confident, and deliberate and establishes a warm connection between massage ...
Video: Introduction to Dysrhythmia

For a complete list of videos, visit our video library