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Author Question: In the presence of no externalities, A) social marginal cost exceeds private marginal cost. B) ... (Read 21 times)

gonzo233

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on: Jul 1, 2018
In the presence of no externalities,
 
  A) social marginal cost exceeds private marginal cost.
  B) social marginal cost is less than private marginal cost.
  C) social marginal cost equals private marginal cost.
  D) social marginal cost and private marginal cost cannot be compared.

Question 2

Suppose the cost of producing two goods, x and y, can be represented as C = ax + by + cxy. If the measure of economies of scope, SC, is zero, then which of the following must be TRUE?
 
  A) a = b
  B) a + b = -c
  C) c = 0
  D) a = -b
Microeconomics ¦ Perloff ¦ 8th Edition
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orangecrush

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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gonzo233

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

ghepp

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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