« previous next »

Author Question: An negative externality is present whenever: a. the private marginal cost of an activity exceeds ... (Read 62 times)

Metfan725

  • Hero Member
  • *****
  • Posts: 552
on: Jun 30, 2018
An negative externality is present whenever:
 a. the private marginal cost of an activity exceeds the private marginal benefit.
  b. the private marginal benefit of an activity exceeds the private marginal cost.
  c. the social marginal cost of an activity exceeds the private marginal cost.
  d. none of the above

Question 2

When expectations of inflation are revised upward, the short-run Phillips curve:
 a. shifts rightward.
  b. becomes steeper.
  c. shifts leftward.
 d. becomes flatter.


Bigfoot1984

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

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.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Negative reading oxygen sensor voltage can be caused by several problems. Negative reading oxygen sensor voltage can be caused by several problems.
How to calculate present value (Question 4) How to calculate present value (Question 4)
The Amounts of the Different Minerals in Your Body The major minerals are present in larger amounts The Amounts of the Different Minerals in Your Body The major minerals are present in larger amounts
Physical Activity Pyramid Physical Activity Pyramid
Lymphocyte Activity in a Lymph Node Lymphocyte Activity in a Lymph Node
How skeletal muscle activity encourages blood flow through veins How skeletal muscle activity encourages blood flow through veins
Video: Bone Growth and Remodeling

For a complete list of videos, visit our video library