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Author Question: Resource use is efficient when A) marginal social benefit exceeds marginal social cost. B) ... (Read 190 times)

Coya19@aol.com

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on: Jun 29, 2018
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


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firehawk60

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Coya19@aol.com

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  • Posts: 601
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

jamesnevil303

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Reply 3 on: Yesterday
Wow, this really help

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