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

Author Question: The condition P= MC implies that an individual who values the product at Pwill receive (Read 14 times)

laurencescou

  • Hero Member
  • *****
  • Posts: 593
on: Apr 19, 2019

Question 1

In order to have ________ distribution of final products to households, free and open markets are essential.


◦ an efficient
◦ an equitable
◦ a fair
◦ All of these are correct.

Question 2

The condition 
P = 
MC implies that an individual who values the product at 
P will receive


◦ positive consumer surplus.
◦ no consumer surplus.
◦ negative consumer surplus.
◦ only producer surplus.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by laurencescou on Apr 19, 2019

IAPPLET

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Apr 19, 2019
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.
Answer Preview
Only 29% of students answer this correctly


laurencescou

  • Hero Member
  • *****
  • Posts: 593
Reply #2 on: Apr 19, 2019
Thank you!


IAPPLET

  • Sr. Member
  • ****
  • Posts: 333
Reply #3 on: Apr 19, 2019
Always glad to help...


« previous next »
 

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Acromegaly in one individual from a pair of identical twins. Acromegaly in one individual from a pair of identical twins.
Defensive mutualism involves species that receive food or shelter in return for providing protection Defensive mutualism involves species that receive food or shelter in return for providing protection
Ginkgo Biloba label. The label indicates the product is standardized to percentages of the two ... Ginkgo Biloba label. The label indicates the product is standardized to percentages of the two ...
Niche: An individual’s ecological role Niche: An individual’s ecological role
Product safety Product safety
The karyotype of a triploid individual contains three copies of each chromosome. The karyotype of a triploid individual contains three copies of each chromosome.
Video: Diversity of Living Creatures - Charles Darwin & the Beagle's Voyage

For a complete list of videos, visit our video library