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

Author Question: Stores need not accept your check but must accept currency because: a. currency is backed by gold. ... (Read 73 times)

rayancarla1

  • Hero Member
  • *****
  • Posts: 571
Stores need not accept your check but must accept currency because:
 a. currency is backed by gold.
 b. checks are not money but currency is.
 c. currency is legal tender, but checks are not.
 d. currency is easier to handle.
 e. currency is a medium of exchange, but checks are not.

Question 2

The socially efficient level of output is determined where:
 a. marginal social cost equals marginal social benefit.
  b. marginal private cost equals marginal social benefit.
  c. average social cost equals average social benefit.
  d. average private cost equals average social benefit.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aburgess

  • Sr. Member
  • ****
  • Posts: 361
Answer to Question 1

c

Answer to Question 2

a




rayancarla1

  • Member
  • Posts: 571
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


amandalm

  • Member
  • Posts: 306
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

For a complete list of videos, visit our video library