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Author Question: For a firm in a perfectly competitive product market, the marginal resource cost curve is horizontal ... (Read 48 times)

tingc95

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on: Jun 30, 2018
For a firm in a perfectly competitive product market, the marginal resource cost curve is horizontal if the resource market is also competitive.
 a. True
  b. False

Question 2

When a citizens' group opposes expansion of the prison located in town, the basis of the opposition is that the larger prison will produce
 a. a negative externality for the community
  b. a positive externality for the community
  c. more jobs in the community
  d. tax revenue for the community
  e. improved criminal justice options


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meow1234

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


tingc95

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  • Posts: 556
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

flexer1n1

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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