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

Author Question: Which of the following are the rules for finding the point of allocative efficiency? (Read 43 times)

Yolanda

  • Hero Member
  • *****
  • Posts: 757
on: May 24, 2019
Which of the following are the rules for finding the point of allocative efficiency?
◦ Produce on the PPF and then produce where the marginal benefit and marginal cost are as large as possible.
◦ Produce on the PPF and then produce where marginal benefit equals marginal cost.
◦ Produce on the PPF and then produce where marginal benefit and marginal cost are constant.
◦ Produce on the PPF and then produce where the marginal benefit exceeds marginal cost by as much as possible.
◦ Produce anywhere on the PPF.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Yolanda on May 24, 2019

jxjsniuniu

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: May 24, 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 39% of students answer this correctly


Yolanda

  • Member
  • Posts: 757
Reply 2 on: May 24, 2019
YES! Correct, THANKS for helping me on my review

ricroger

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Development of an atherosclerotic plaque that progressively narrows the lumen of an artery to the po Development of an atherosclerotic plaque that progressively narrows the lumen of an artery to the po
A point-type ignition system showing the distributor cam which opens the points A point-type ignition system showing the distributor cam which opens the points
The energy set-point view that is the basis of many people’s thinking about hunger and eating. The energy set-point view that is the basis of many people’s thinking about hunger and eating.
Finding derivatives of Trig Functions - pt 2 Finding derivatives of Trig Functions - pt 2
Finding derivatives of Exponential functions - pt 2 Finding derivatives of Exponential functions - pt 2
finding resultant for the following force combinations finding resultant for the following force combinations
Video: Cardiac Cycle (Part 2 of 4)

For a complete list of videos, visit our video library