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

Author Question: 20 is to be divided among two individualsGary and Jamie. Which of the following allocations is NOT ... (Read 279 times)

mspears3

  • Hero Member
  • *****
  • Posts: 586
on: Jun 29, 2018
20 is to be divided among two individualsGary and Jamie. Which of the following allocations is NOT Pareto efficient?
 
  A) Gary receives 1, and Jamie receives 19.
  B) Gary receives 19, and Jamie receives 1.
  C) Gary receives 8, and Jamie receives 9.
  D) Gary receives 15, and Jamie receives 5.

Question 2

At the profit-maximizing level of production of a monopolist, ________.
 
  A) marginal revenue equals marginal cost
  B) marginal revenue exceeds marginal cost
  C) marginal revenue is less than marginal cost
  D) both marginal revenue and marginal cost are negative


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jayson

  • Sr. Member
  • ****
  • Posts: 350
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


mspears3

  • Member
  • Posts: 586
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

nyrave

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Lake 226 at the Experimental Lakes Area divided in half. Lake 226 at the Experimental Lakes Area divided in half.
Anterior view of abdomen divided by quadrants Anterior view of abdomen divided by quadrants
Jamie Lawson - Wasn't Expecting That Jamie Lawson - Wasn't Expecting That
Plato’s Divided Line Plato’s Divided Line
Divided View Divided View
Presidential success under unified and divided government, from Eisenhower to trump Presidential success under unified and divided government, from Eisenhower to trump
Video: Conduction of action potentials

For a complete list of videos, visit our video library