Author Question: The demand for a resource is derived from the demand for the final product it helps to produce. a. ... (Read 101 times)

dakota nelson

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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

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Answer to Question 1

A

Answer to Question 2

D



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