This topic contains a solution. Click here to go to the answer

Author Question: A ________ externality occurs when a market transaction affects others through market prices. A) ... (Read 87 times)

sheilaspns

  • Hero Member
  • *****
  • Posts: 567
A ________ externality occurs when a market transaction affects others through market prices.
 
  A) positive
  B) negative production
  C) negative consumption
  D) pecuniary

Question 2

Refer to the figure above. What is the equilibrium quantity of labor hired by the firm when the wage rate is 6 per hour?
 
  A) 10 hours
  B) 30 hours
  C) 60 hours
  D) 90 hours



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fromAlphatoOmega22

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

D

Answer to Question 2

B





 

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

For a complete list of videos, visit our video library