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

Author Question: For a firm in a perfectly competitive product market, the marginal resource cost curve is horizontal ... (Read 95 times)

tingc95

  • Hero Member
  • *****
  • Posts: 556
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

meow1234

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


tingc95

  • Member
  • Posts: 556
Reply 2 on: Jun 30, 2018
:D TYSM

skipfourms123

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

An Inverted U Curve An Inverted U Curve
A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ... A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ...
Horizontal stroking across the lower back. Horizontal stroking across the lower back.
Use the product rule to find derivative Use the product rule to find derivative
A 1000-kg car is slowly picking up speed as it goes around a horizontal unbanked curve whose ... A 1000-kg car is slowly picking up speed as it goes around a horizontal unbanked curve whose ...
Typical bacterial population growth curve showing the initial lag phase Typical bacterial population growth curve showing the initial lag phase
Video: Major Elements in Biological Molecules: Lipids

For a complete list of videos, visit our video library