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Author Question: As the stock of a depletable resource falls, its user cost A) rises. B) falls. C) is ... (Read 110 times)

rmenurse

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on: Jul 1, 2018
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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Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

B


rmenurse

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Reply #2 on: Jul 1, 2018
Correct answers!


kristenb95

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Reply #3 on: Jul 1, 2018
Great! Please up vote :D


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