« previous next »

Author Question: At the quantity of 1000 tacos, the marginal social benefit of a taco is .50 and the marginal social ... (Read 94 times)

newbem

  • Hero Member
  • *****
  • Posts: 579
on: Jun 29, 2018
At the quantity of 1000 tacos, the marginal social benefit of a taco is .50 and the marginal social cost is .60. To produce the efficient quantity of tacos
 
  A) more tacos should be produced.
  B) fewer tacos should be produced
  C) there should be no change in the amount of tacos produced.
  D) More information on production costs is needed to determine the efficient level of tacos.

Question 2

In the above figure, point A is ________, and point B is ________.
 
  A) attainable, attainable
  B) attainable, unattainable
  C) unattainable, attainable
  D) unattainable, unattainable


carolinefletcherr

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Interpreting Social and Emotional Context Interpreting Social and Emotional Context
Social class and social status Social class and social status
Sociologists disagree about the relative significance of race and social class in determining social ... Sociologists disagree about the relative significance of race and social class in determining social ...
The answer to “What is the proper role of children in an economy?” varies by social class, ... The answer to “What is the proper role of children in an economy?” varies by social class, ...
Radiation Quantity and Quality Radiation Quantity and Quality
Economic and Social Development Economic and Social Development
Video: Complement Proteins Animation

For a complete list of videos, visit our video library