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

Author Question: Resource use is efficient when production is such that marginal social benefit is A) greater than ... (Read 106 times)

londonang

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
Resource use is efficient when production is such that marginal social benefit is
 
  A) greater than marginal social cost.
  B) equal to marginal social cost.
  C) less than marginal social cost.
  D) at its maximum value.

Question 2

An example of a short-run fixed factor of production is
 
  A) capital equipment.
  B) labor.
  C) electricity.
  D) postage for mailing.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amcvicar

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


londonang

  • Member
  • Posts: 540
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

softEldritch

  • Member
  • Posts: 334
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Segregation according to resource factor among 40 species of British passerine birds. Segregation according to resource factor among 40 species of British passerine birds.
Elder Care Resource Phone Numbers Elder Care Resource Phone Numbers
Economic and Social Development Economic and Social Development
Electricity production accounts for 25% of greenhouse gas emissions Electricity production accounts for 25% of greenhouse gas emissions
The Production Function The Production Function
Social Learning in Lobsters Social Learning in Lobsters
Video: Sickle Cell Anemia

For a complete list of videos, visit our video library