Author Question: Current offers to purchase or sell scarce goods take account of the wants of future generations ... (Read 483 times)

j.rubin

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Current offers to purchase or sell scarce goods take account of the wants of future generations
 
  A) if government intervenes to give the future a current voice.
  B) if people are able to predict future prices.
  C) only if people are concerned for the welfare of others yet unborn.
  D) only rarely because people are predominantly selfish.

Question 2

Refer to the table above. What is the marginal revenue of the monopolist when it sells 300 units of its product?
 
  A) 1
  B) 2
  C) 3
  D) 4



morganmarie791

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Answer to Question 1

B

Answer to Question 2

A



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