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

Author Question: When production of a good results in an external cost, the unregulated competitive market ... (Read 191 times)

mynx

  • Hero Member
  • *****
  • Posts: 555
on: Jun 29, 2018
When production of a good results in an external cost, the unregulated competitive market equilibrium is inefficient because ________.
 
  A) MSC = MC
  B) MSC = MB
  C) MSC > MB
  D) MSC < MB
  E) MSC is undefined

Question 2

When a shortage of a goods leads to a price increase, its price usually rises because
 
  A) Americans are committed to capitalism.
  B) most people are better off if it does.
  C) sellers can benefit by raising their prices.
  D) higher prices lead to scarce goods being allocated most efficiently.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

AngeliqueG

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


mynx

  • Member
  • Posts: 555
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

ASDFGJLO

  • Member
  • Posts: 335
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Jeremy Deller, A Good Day for Cyclists (painted by Sarah Tynan). Jeremy Deller, A Good Day for Cyclists (painted by Sarah Tynan).
Vegetable oils are good sources of essential fatty acids Vegetable oils are good sources of essential fatty acids
Strategic Management and Competitive Advantage: Concepts and Cases, 6th Edition Strategic Management and Competitive Advantage: Concepts and Cases, 6th Edition
Calculate the weighted-average cost of the following inventory purchases:DateQuantity ... Calculate the weighted-average cost of the following inventory purchases:DateQuantity ...
An example of DNA profile results for the 13 original CODIS STRs An example of DNA profile results for the 13 original CODIS STRs
Nonshivering heat production Nonshivering heat production
Video: EpiPen Animation (Part 2)

For a complete list of videos, visit our video library