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Author Question: Refer to the information provided in Figure 16.1 below to answer the question(s) that follow. Refer ... (Read 40 times)

P68T

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on: Apr 19, 2019

Question 1

Refer to the information provided in Figure 16.1 below to answer the question(s) that follow. 












Refer to Figure 16.1. The efficient amount of fertilizer is


◦ zero because any level of production involves an external cost.
◦ 50 bags.
◦ 60 bags.
◦ indeterminate from this information.

Question 2

Refer to the information provided in Figure 16.1 below to answer the question(s) that follow. 












Refer to Figure 16.1. Absent government intervention, how much fertilizer will be produced?


◦ Zero because any level of production involves an external cost.
◦ 50 bags
◦ 60 bags
◦ indeterminate from this information
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by P68T on Apr 19, 2019

mrphibs

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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.
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P68T

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Reply #2 on: Apr 19, 2019
Thank you!


mrphibs

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Reply #3 on: Apr 19, 2019
Always glad to help...


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