« previous next »

Author Question: The key to reaching a Pareto optimum through mutually beneficial exchange _____. a. is to remove ... (Read 116 times)

magmichele12

  • Hero Member
  • *****
  • Posts: 559
on: Jul 1, 2018
The key to reaching a Pareto optimum through mutually beneficial exchange _____.
 
  a. is to remove barriers to international trade
  b. is to establish property rights for valuable resources
  c. is to provide start-up capital to fledgling entrepreneurs
   d. is to encourage people to use online auction services

Question 2

If the marginal productivity of labor is constant for all levels of output, then the average productivity of labor
 
  A) is constant.
  B) equals the marginal productivity of labor.
  C) Both A and B above.
  D) Either A or B above but not both.


cici

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Countercurrent heat exchange in dolphin flippers promotes conservation of body heat. Countercurrent heat exchange in dolphin flippers promotes conservation of body heat.
There are multiple pathways for heat exchange between organisms and the environment. There are multiple pathways for heat exchange between organisms and the environment.
An offset screwdriver is used to install or remove fasteners that do not have enough space above to ... An offset screwdriver is used to install or remove fasteners that do not have enough space above to ...
To measure engine oil pressure, remove the oil pressure sending (sender) unit usually located near ... To measure engine oil pressure, remove the oil pressure sending (sender) unit usually located near ...
Remove cold source, and check the knee for changes. Notice skin color and changes in swelling around ... Remove cold source, and check the knee for changes. Notice skin color and changes in swelling around ...
Spacecraft optimum geometrical shape Spacecraft optimum geometrical shape
Video: Proteins

For a complete list of videos, visit our video library