A firm's marginal resource cost curve is
a. horizontal only if the firm is a price taker in the product market
b. horizontal only if the firm is a price taker in the resource market
c. vertical only if the firm is a price taker in the product market
d. vertical only if the firm is a price taker in the resource market
e. horizontal only if the firm is a price taker in both the product and resource markets
Question 2
If consuming a good creates a positive externality,
a. marginal private benefits exceed marginal social benefits
b. marginal social benefits exceed marginal private benefits
c. private demand is equal to marginal social benefit
d. private demand is greater than marginal social benefit
e. the private demand curve shifts to the right to coincide with the marginal social benefit curve
Survivorship curve for the North American beaver.
Resource partitioning among five species of warblers feeding in North American spruce trees.
Frequency distribution curve: interpatient variability in drug response.
Hockey stick” curve
A 2.8-kg tool can move on a perfectly smooth ramp that slants at 42° above the horizontal. ...
The net price of an article is $79.84. What is the list price if a discount of 23% was allowed?