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

Author Question: The production possibilities frontier is used by economists to depict A) the strictly financial ... (Read 29 times)

K@

  • Hero Member
  • *****
  • Posts: 608
The production possibilities frontier is used by economists to depict
 
  A) the strictly financial costs of production.
  B) the opportunity costs of production.
  C) the strictly financial benefits of production.
  D) the opportunity benefits of production.

Question 2

The cost of producing an additional unit of a good or service that is borne by the producer of that good or service
 
  A) always equals the benefit the consumer derives from that good or service.
  B) equals the cost borne by people other than the producer.
  C) is the marginal private cost.
  D) is the external cost.
  E) is the marginal social cost.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chinwesucks

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

B

Answer to Question 2

C




K@

  • Member
  • Posts: 608
Reply 2 on: Jun 29, 2018
Gracias!


Hdosisshsbshs

  • Member
  • Posts: 315
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

For a complete list of videos, visit our video library