Author Question: The demand for a resource is derived from the demand for the final product it helps to produce. a. ... (Read 102 times)

dakota nelson

  • Hero Member
  • *****
  • Posts: 604
The demand for a resource is derived from the demand for the final product it helps to produce.
 a. True
  b. False

Question 2

If in market equilibrium the marginal social cost of producing a good exceeds the marginal private cost,
 a. not enough of the product is being produced
  b. the price charged for the good is too high
  c. the good produces a positive externality
  d. the good produces a negative externality
  e. the government should produce the good



Eazy416

  • Sr. Member
  • ****
  • Posts: 360
Answer to Question 1

A

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

For a complete list of videos, visit our video library