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Author Question: As the stock of a depletable resource falls, its user cost A) rises. B) falls. C) is ... (Read 119 times)

rmenurse

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As the stock of a depletable resource falls, its user cost
 
  A) rises.
  B) falls.
  C) is unchanged, but its price rises.
  D) is unchanged, but the extraction cost rises.
  E) is unchanged, but its true cost rises.

Question 2

Refer to Scenario 10.8. The deadweight loss from monopoly is ________.
 
  A) 0
  B) 5
  C) 10
  D) 25
  E) none of the above



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kristenb95

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Answer to Question 1

A

Answer to Question 2

B



rmenurse

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kristenb95

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