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 116 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 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Effects of growth rate on development. Effects of growth rate on development.
For this bimolecular reaction, the rate constant k is second order For this bimolecular reaction, the rate constant k is second order
Exercise increases the heart rate. Exercise increases the heart rate.
Most drugs exhibit first-order elimination, in which the rate of drug elimination is equivalent to ... Most drugs exhibit first-order elimination, in which the rate of drug elimination is equivalent to ...
People who share genes will often have similar body weights People who share genes will often have similar body weights
AAC, Inc. is planning to issue $5,000,000 in 180-day maturity notes paying a rate of 12 percent ... AAC, Inc. is planning to issue $5,000,000 in 180-day maturity notes paying a rate of 12 percent ...
Video: Humerus Adduction Animation

For a complete list of videos, visit our video library