Author Question: A corrective subsidy induces the ________ to the socially optimal level. A) consumers of a ... (Read 41 times)

V@ndy87

  • Hero Member
  • *****
  • Posts: 571
A corrective subsidy induces the ________ to the socially optimal level.
 
  A) consumers of a negative externality to increase the quantity consumed
  B) producers of a negative externality to increase the quantity produced
  C) consumers of a positive externality to increase the quantity consumed
  D) producers of a positive externality to reduce the quantity produced

Question 2

Suppose it costs a farmer 1.00 to produce 1 unit of corn, 2.10 to produce 2 units of corn, and 3.30 to produce 3 units of corn. What's the average cost of producing 3 units of corn?
 
  A) 1.00
  B) 1.10
  C) 2.10
  D) 3.30



parshano

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

For a complete list of videos, visit our video library