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

Author Question: Marginal profit is negative when: A) marginal revenue is negative. B) total cost exceeds total ... (Read 98 times)

mrsjacobs44

  • Hero Member
  • *****
  • Posts: 500
on: Jul 1, 2018
Marginal profit is negative when:
 
  A) marginal revenue is negative.
  B) total cost exceeds total revenue.
  C) output exceeds the profit-maximizing level.
  D) profit is negative.

Question 2

The government provides public education because
 
  A) public education is a public good.
  B) public education is non-rival and nonexclusive.
  C) private education is rival and exclusive.
  D) public education combats the negative externalities of private education.
  E) public education provides positive externalities.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

milbourne11

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

E


mrsjacobs44

  • Hero Member
  • *****
  • Posts: 500
Reply #2 on: Jul 1, 2018
Thank you


milbourne11

  • Sr. Member
  • ****
  • Posts: 322
Reply #3 on: Jul 1, 2018
No problemo


« previous next »
 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Gram Negative Testing Gram Negative Testing
Gram negative flowchart Gram negative flowchart
The Increasing Cost of Health Care, 1960–2010 The Increasing Cost of Health Care, 1960–2010
Negative feedback control of a regulated variable. Negative feedback control of a regulated variable.
Control of thyroxine secretion through negative feedback. Control of thyroxine secretion through negative feedback.
Cost of Copying for the Follower Country Cost of Copying for the Follower Country
Video: Molecules, Membrane Permeability and Structure

For a complete list of videos, visit our video library