Refer to the table above. If the six highest-value buyers and the ...

[FButt]

Refer to the table above. If the six highest-value buyers and the six least-cost sellers engage in trade, what is the social surplus?
 
  A) 6
  B) 8
  C) 10
  D) 12

Question 2

How does the social problem of positive externalities differ from the problem created by negative externalities?
 
  A) Positive externalities can create free-rider problems; negative externalities do not.
  B) Positive externalities are created by altruistic people; negative externalities are not.
  C) Negative externalities can create free-rider problems; positive externalities do not.
  D) Negative externalities are created by selfish people; positive externalities are not.
  E) Trick question: neither positive nor negative externalities create a social problem.

[rleezy04]

Answer to Question 1

A

Answer to Question 2

A

[FButt]

Gracias!

[ryhom]

TYSM