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

Author Question: Refer to Scenario 16.2 below to answer the question(s) that follow.SCENARIO 16.2: The marginal ... (Read 47 times)

awywial

  • Hero Member
  • *****
  • Posts: 577
on: Apr 19, 2019

Refer to Scenario 16.2 below to answer the question(s) that follow. 

SCENARIO 16.2: The marginal benefit for a particular food is described by 
MB = 60 — 
q, where q refers to the quantity of the food. The marginal cost of producing the food is described by 
MC = 3
q. There is a negative externality associated with food production and the marginal social cost of food production is 
MSC = 5
q.





Refer to Scenario 16.2. The competitive output level is ________ and the competitive price is ________.


◦ 20 units of food; $40
◦ 10 units of food; $50
◦ 0 units of food; $0
◦ 10 units of food; $20
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 awywial on Apr 19, 2019

memslove

  • Sr. Member
  • ****
  • Posts: 321
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 49% of students answer this correctly


awywial

  • Member
  • Posts: 577
Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

mohan

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

A hypothetical scenario illustrating the process of chemical selection A hypothetical scenario illustrating the process of chemical selection
Genetics answer Genetics answer
My question is relating to impulse problems. My question is relating to impulse problems.
Economics question Economics question
this is a math question this is a math question
Question about Resultant of gravitational force? Question about Resultant of gravitational force?
Video: Embryonic development - Week 4

For a complete list of videos, visit our video library