This topic contains a solution. Click here to go to the answer

Author Question: Consider a supply curve of the form: Q = c + dP. If d equals zero, then supply is: A) completely ... (Read 62 times)

luminitza

  • Hero Member
  • *****
  • Posts: 555
Consider a supply curve of the form: Q = c + dP. If d equals zero, then supply is:
 
  A) completely inelastic.
  B) inelastic, but not completely inelastic.
  C) elastic, but not infinitely elastic.
  D) infinitely elastic

Question 2

The efficient level of recycling equates the
 
  A) marginal cost of scrap disposal to the marginal benefit from not using virgin materials.
  B) marginal cost of recycling to the marginal benefit from not using virgin materials.
  C) marginal cost of scrap disposal to the marginal cost of recycling.
  D) marginal private cost of disposal to the marginal cost of recycling.
  E) per-unit refund from recycled materials to the marginal benefit from not using virgin materials.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tdewitt

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

A

Answer to Question 2

C




luminitza

  • Member
  • Posts: 555
Reply 2 on: Jul 1, 2018
:D TYSM


sultansheikh

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

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.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

For a complete list of videos, visit our video library