« previous next »

Author Question: Refer to Scenario 13.1. At your negotiated price your consumer surplus is: A) 50. B) 200. C) ... (Read 43 times)

go.lag

  • Hero Member
  • *****
  • Posts: 667
on: Jul 1, 2018
Refer to Scenario 13.1. At your negotiated price your consumer surplus is:
 
  A) 50.
  B) 200.
  C) 250.
  D) 300.

Question 2

When one party suffers negative external effects due to the actions of another party, a lawsuit may not lead to the efficient outcome if:
 
  A) property rights are not clearly assigned.
  B) the parties have incomplete information.
  C) the legal costs of the lawsuit are too high.
  D) All of the above


tkempin

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

go.lag

  • Hero Member
  • *****
  • Posts: 667
Reply #2 on: Jul 1, 2018
Thank you :)


tkempin

  • Sr. Member
  • ****
  • Posts: 332
Reply #3 on: Jul 1, 2018
Happy to help you


« previous next »
 

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

A possible scenario for human evolution A possible scenario for human evolution
A hypothetical scenario illustrating the process of chemical selection A hypothetical scenario illustrating the process of chemical selection
Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th
Historian James Merrell notes several errors in Benjamin West’s famous 1771 painting, William Penn’s Historian James Merrell notes several errors in Benjamin West’s famous 1771 painting, William Penn’s
Alan Price - Poor People Alan Price - Poor People
Price of Computers, 1982–2010 Price of Computers, 1982–2010
Video: Cleavage and Implantation Animation

For a complete list of videos, visit our video library