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

Author Question: In order to assure allocative efficiency: a. people's marginal rate of substitution must equal the ... (Read 96 times)

anshika

  • Hero Member
  • *****
  • Posts: 510
on: Jul 1, 2018
In order to assure allocative efficiency:
 a. people's marginal rate of substitution must equal the economy's rate of product transformation.
  b. people's marginal rate of substitution must equal the firm's rate of technical substitution among inputs.
  c. a firm's rate of technical substitution must equal the economy's rate of product transformation.
  d. all of the above.

Question 2

The antitrust laws regulate all of the following business decisions except ____.
 a. collusion
  b. mergers
  c. monopolistic practices
  d. price discrimination
  e. wage levels


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mfedorka

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

e


anshika

  • Hero Member
  • *****
  • Posts: 510
Reply #2 on: Jul 1, 2018
Thank you


mfedorka

  • Sr. Member
  • ****
  • Posts: 324
Reply #3 on: Jul 1, 2018
No problemo


« previous next »
 

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

The National Organization for Women holds a rally in Illinois for the Equal Rights Amendment. In ... The National Organization for Women holds a rally in Illinois for the Equal Rights Amendment. In ...
Sample inventory order form. Sample inventory order form.
Influence of enzyme-substrate affinity on the rate of an enzyme-catalyzed reaction. Influence of enzyme-substrate affinity on the rate of an enzyme-catalyzed reaction.
People who are color-blind see colors differently. (a) Those with normal vision see the red leaves. People who are color-blind see colors differently. (a) Those with normal vision see the red leaves.
Analogy showing the effects of substitution, deletion, and insertion of one letter in a sentence Analogy showing the effects of substitution, deletion, and insertion of one letter in a sentence
Analysis of double-mutant phenotypes to find order of genes in developmental pathways Analysis of double-mutant phenotypes to find order of genes in developmental pathways
Video: Gas exchange - partial pressure, locations, external and internal respiration

For a complete list of videos, visit our video library