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Author Question: Total surplus is maximized in a(n) ________. A) monopolistically competitive market B) perfectly ... (Read 50 times)

jwb375

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on: Jun 29, 2018
Total surplus is maximized in a(n) ________.
 
  A) monopolistically competitive market
  B) perfectly competitive market
  C) oligopoly
  D) monopoly

Question 2

Suppose the United States discovers a way to produce clean nuclear fuel. The effect of this discovery would be to
 
  A) lead the United States to produce less nuclear fuel.
  B) force the United States to produce at a point inside its PPF.
  C) shift the U.S. PPF outward.
  D) shift the U.S. PPF inward.


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scikid

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

B

Answer to Question 2

C


jwb375

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

bigcheese9

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Reply 3 on: Yesterday
Wow, this really help

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