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

Author Question: Which of the following is true? i. In an unregulated market with an external benefit, consumers ... (Read 57 times)

Jkov05

  • Hero Member
  • *****
  • Posts: 556
on: May 24, 2019
Which of the following is true?
i.  In an unregulated market with an external benefit, consumers don't take it into account and consume less than the efficient quantity.
ii.  Marginal social cost equals marginal private cost minus marginal external cost.
iii.  An unregulated market produces more than the efficient quantity of a good with an external cost.
◦ only i
◦ only ii
◦ only iii
◦ i and ii
◦ i and iii
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 Jkov05 on May 24, 2019

lauravaras

  • Sr. Member
  • ****
  • Posts: 347
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


Jkov05

  • Member
  • Posts: 556
Reply 2 on: May 24, 2019
:D TYSM

meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Diverticulosis. Figure illustrates external and internal appearance of diverticula. Diverticulosis. Figure illustrates external and internal appearance of diverticula.
External female genitalia. External female genitalia.
External oblique External oblique
Hydroelectric power: 2013 Global Market Hydroelectric power: 2013 Global Market
Anterosuperior view of true pelvis (blue) Anterosuperior view of true pelvis (blue)
There are four hospitals (consumers in this example) willing to pay the following amounts for a ... There are four hospitals (consumers in this example) willing to pay the following amounts for a ...
Video: Introduction to Genetics

For a complete list of videos, visit our video library