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 36 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
Gracias!

abro1885

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

A graphical representation of the marginal value theorem. A graphical representation of the marginal value theorem.
El Niño and areas of high marine primary production around the Galapagos Islands. Noti El Niño and areas of high marine primary production around the Galapagos Islands. Noti
In the box on upward social mobility on page 82, we discussed how Latinos face a similar situation. ... In the box on upward social mobility on page 82, we discussed how Latinos face a similar situation. ...
Social Security Payments to Beneficiaries Social Security Payments to Beneficiaries
Social Conditions and Gender Social Conditions and Gender
Social Media Tools for Education Social Media Tools for Education
Video: Nerve Impulse Transmission Animation

For a complete list of videos, visit our video library