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

Author Question: At a competitive equilibrium, if there are no taxes, subsidies, price regulations, quantity ... (Read 54 times)

Alygatorr01285

  • Hero Member
  • *****
  • Posts: 564
on: May 24, 2019
At a competitive equilibrium, if there are no taxes, subsidies, price regulations, quantity regulations, or externalities,
◦ the marginal benefit is greater than the marginal cost.
◦ resource use is efficient.
◦ the marginal benefit is less than the marginal cost.
◦ both the marginal benefit and the marginal cost of the last unit produced equal zero.
◦ the marginal benefit is greater than the marginal cost by as much as possible.
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 Alygatorr01285 on May 24, 2019

connor417

  • Sr. Member
  • ****
  • Posts: 329
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 25% of students answer this correctly


Alygatorr01285

  • Hero Member
  • *****
  • Posts: 564
Reply #2 on: May 24, 2019
Excellent


connor417

  • Sr. Member
  • ****
  • Posts: 329
Reply #3 on: May 24, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Non-competitive inhibition Non-competitive inhibition
Regulations Guide How Hazardous Wastes Are Handled and Disposed Of Regulations Guide How Hazardous Wastes Are Handled and Disposed Of
Radiation Quantity and Quality Radiation Quantity and Quality
Competitive drug enzyme immunoassay. Competitive drug enzyme immunoassay.
The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ... The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ...
A buffer solution is prepared using 0.5 moles of a weakly basic drug and an unknown quantity of ... A buffer solution is prepared using 0.5 moles of a weakly basic drug and an unknown quantity of ...
Video: Glycolysis Animation

For a complete list of videos, visit our video library