This topic contains a solution. Click here to go to the answer

Author Question: At a competitive equilibrium, if there are no taxes, subsidies, price regulations, quantity ... (Read 70 times)

Alygatorr01285

  • Hero Member
  • *****
  • Posts: 564
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.


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
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




connor417

  • Sr. Member
  • ****
  • Posts: 329

 

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

For a complete list of videos, visit our video library