Resource use is efficient when A) marginal social benefit ...

[Coya19@aol.com]

Resource use is efficient when
 
  A) marginal social benefit exceeds marginal social cost.
  B) marginal social cost is decreasing.
  C) marginal social benefit equals marginal social cost.
  D) marginal social benefit is increasing.

Question 2

Who benefits from an import quota on a good?
 
  A) domestic consumers of the good
  B) foreign governments
  C) domestic producers of the good
  D) foreign producers of the good

[firehawk60]

Answer to Question 1

C

Answer to Question 2

C

[Coya19@aol.com]

Wow, this really help

[dyrone]

Thanks for the timely response, appreciate it