This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Refer to the figure above. If Lithasia does not engage in international trade, what is the domestic ... (Read 68 times)

Mimi

  • Hero Member
  • *****
  • Posts: 542
on: Jun 29, 2018
Refer to the figure above. If Lithasia does not engage in international trade, what is the domestic production of pens?
 
  A) 0 units
  B) 6 units
  C) 12 units
  D) 16 units

Question 2

The figure above illustrates the marginal private cost and the marginal social cost to the city of Seattle for each rock concert that is offered. If 5 concerts are put on, then the
 
  A) marginal external cost will be greater than the marginal social cost.
  B) marginal external cost will be greater than the marginal private cost.
  C) marginal external cost will equal the marginal private cost.
  D) marginal social cost will equal the marginal external cost.
  E) marginal external cost will equal zero.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ashley I

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


Mimi

  • Member
  • Posts: 542
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

billybob123

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Male giraffes will engage in necking to establish dominance. Male giraffes will engage in necking to establish dominance.
Pneumothorax. Figure illustrates how puncture of thoracic wall and tearing of pleural membrane allow Pneumothorax. Figure illustrates how puncture of thoracic wall and tearing of pleural membrane allow
International Performance in Reading, Math, and Science, Eight Grade International Performance in Reading, Math, and Science, Eight Grade
Demonstrate the Application of Triangular, Figure-Eight, and Tubular Bandages Demonstrate the Application of Triangular, Figure-Eight, and Tubular Bandages
The International Radura Symbol The radura symbol must appear on all irradiated foods The International Radura Symbol The radura symbol must appear on all irradiated foods
International Management: Managing Across Borders and Cultures International Management: Managing Across Borders and Cultures
Video: Lower Limb Arteries Animation

For a complete list of videos, visit our video library