« previous next »

Author Question: The schedules in the table give the marginal social benefit and marginal social cost of a DVD. If ... (Read 80 times)

SO00

  • Hero Member
  • *****
  • Posts: 568
on: Jun 29, 2018
The schedules in the table give the marginal social benefit and marginal social cost of a DVD. If the number of DVD produced is cut to 2 a week, then the ________.
 
  A) minimum supply-price of the second DVD is 18
  B) price is 18 a DVD
  C) opportunity cost of the second DVD is 22
  D) value of the second DVD is 20

Question 2

The accountant for Muzhi's Sushi claims that Muzhi has accomplished technological efficiency. This means that Muzhi's Sushi
 
  A) produces a given output using the least inputs.
  B) produces a given output at the lowest cost.
  C) has an economic profit greater than a normal profit.
  D) has a normal profit greater than an economic profit.


gasdhashg

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

The Periodic Table (Part 2) The Periodic Table (Part 2)
Juan Gris, The Table. Juan Gris, The Table.
Body mass index table. Body mass index table.
Social Security Payments to Beneficiaries Social Security Payments to Beneficiaries
Ogburn's Processes of Social Change Ogburn's Processes of Social Change
Handcrafted wooden coffee table Handcrafted wooden coffee table
Video: Phases of an Action Potential - Resting Potential, Threshold, Rising, Falling, & Recovery Phases

For a complete list of videos, visit our video library