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 88 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
Excellent

tkempin

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

A theoretical photosynthetic response curve. A theoretical photosynthetic response curve.
Horizontal Pressure Gradients in the Upper Atmosphere Horizontal Pressure Gradients in the Upper Atmosphere
Unregulated populations "J-shaped curve" Unregulated populations "J-shaped curve"
The Lorenz Curve for the United States, 2009 The Lorenz Curve for the United States, 2009
Cost Accounting: A Managerial Emphasis 16th Edition Cost Accounting: A Managerial Emphasis 16th Edition
When operating your own business, it is wise to know your cost of capital and that of the ... When operating your own business, it is wise to know your cost of capital and that of the ...
Video: Secondary Active Transport

For a complete list of videos, visit our video library