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 89 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?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Hydrostatic Equilibrium Hydrostatic Equilibrium
Many electronic components are used to construct a typical vehicle computer. Notice the quantity of ... Many electronic components are used to construct a typical vehicle computer. Notice the quantity of ...
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
An example of the sometimes drastic differences in placarding regulations in the United States ... An example of the sometimes drastic differences in placarding regulations in the United States ...
Strategic Management and Competitive Advantage: Concepts and Cases, 6th Edition Strategic Management and Competitive Advantage: Concepts and Cases, 6th Edition
Identify the variable representing each described quantity in the equation Identify the variable representing each described quantity in the equation
Video: Coaductile pathway, Timing of contraction signal & Conduction system and ECG

For a complete list of videos, visit our video library