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

Author Question: Assuming there are no externalities, if a firm is producing at an output level where the benefits to ... (Read 68 times)

mrsjacobs44

  • Hero Member
  • *****
  • Posts: 500
on: Apr 19, 2019

Question 1

Assuming there are no externalities, if a firm is producing at an output level where the benefits to consumers exceed the cost to the suppliers to produce it, then price


◦ equals marginal cost.
◦ is greater than marginal cost.
◦ is less than marginal cost.
◦ is less than marginal revenue.

Question 2

Assuming there are no externalities, if a firm is producing at an output level where the benefits to consumers are less than the cost to the suppliers to produce it, then price


◦ equals marginal cost.
◦ is greater than marginal cost.
◦ is less than marginal cost.
◦ is less than marginal revenue.
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 mrsjacobs44 on Apr 19, 2019

ryansturges

  • Sr. Member
  • ****
  • Posts: 338
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 25% of students answer this correctly


mrsjacobs44

  • Member
  • Posts: 500
Reply 2 on: Apr 19, 2019
Wow, this really help

Perkypinki

  • Member
  • Posts: 339
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

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?

Excessive alcohol use costs the country approximately $235 billion every year.

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.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Sea-Level Rise Sea-Level Rise
Solar output Solar output
Projections of global temperature depend heavily on the level of future greenhouse gas emissions Projections of global temperature depend heavily on the level of future greenhouse gas emissions
Firm handshake Firm handshake
Find the factor demand for labour and the amount of output it will produce. Show all ... Find the factor demand for labour and the amount of output it will produce. Show all ...
A basic strategy for producing a knockout mouse A basic strategy for producing a knockout mouse
Video: What is Cholesterols? Introduction to Lipoproteins

For a complete list of videos, visit our video library