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

Author Question: At a competitive equilibrium with no externalities, taxes, subsidies, public goods, common ... (Read 117 times)

sc00by25

  • Hero Member
  • *****
  • Posts: 596
on: May 24, 2019
At a competitive equilibrium with no externalities, taxes, subsidies, public goods, common resources, or high transactions costs, which of the following occurs?
i.  an efficient outcome
ii.  definitely a fair outcome when judged by the fair-results approach
iii.  marginal cost equals marginal benefit
iv.  producer surplus equals consumer surplus
◦ i and iii
◦ i, ii and iii
◦ ii and iii
◦ i, ii, iii and iv
◦ only i
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 sc00by25 on May 24, 2019

GCabra

  • Sr. Member
  • ****
  • Posts: 331
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


sc00by25

  • Hero Member
  • *****
  • Posts: 596
Reply #2 on: May 24, 2019
Thanks


GCabra

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: May 24, 2019
Welcome :)


« previous next »
 

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Common drainage devices; A.Penrose Drain; B. Hemovac; Common drainage devices; A.Penrose Drain; B. Hemovac;
competitive inhibition competitive inhibition
Prescriptions for common analgesics used in dentistry. Prescriptions for common analgesics used in dentistry.
Common Fluoride Products Common Fluoride Products
Common Bipolar Disorder Medications Common Bipolar Disorder Medications
Common sequence features in integrated retroviruses and other eukaryotic transposable elements Common sequence features in integrated retroviruses and other eukaryotic transposable elements
Video: DNA Replication Factory and Protein

For a complete list of videos, visit our video library