This topic contains a solution. Click here to go to the answer
« previous next »
Pages: 1 2  All   Go Down

Author Question: Suppose that in the market for paper, demand is p = 100 - Q. The private marginal cost is MCp = 10 + ... (Read 325 times)

PhilipSeeMore

  • Hero Member
  • *****
  • Posts: 561
on: Jun 18, 2019


Suppose that in the market for paper, demand is p = 100 - Q. The private marginal cost is MCp = 10 + Q. Pollution generated during the production process creates external marginal harm equal to MCe = Q. What is the socially optimal level of output?
◦ 30
◦ 45
◦ 20
◦ 25
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by PhilipSeeMore on Jun 18, 2019

234sdffa

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 18, 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 50% of students answer this correctly


PhilipSeeMore

  • Hero Member
  • *****
  • Posts: 561
Reply #2 on: Jun 18, 2019
TY


234sdffa

  • Sr. Member
  • ****
  • Posts: 341
Reply #3 on: Jun 18, 2019
You're welcome


viki

  • Hero Member
  • *****
  • Posts: 525
Reply #4 on: Jun 18, 2019


Suppose that in the market for paper, demand is p = 100 - Q. The private marginal cost is MCp = 10 + Q. Pollution generated during the production process creates external marginal harm equal to MCe = Q. What is the competitive market level of output?
◦ 25
◦ 30
◦ 45
◦ 20


Jmfn03

  • Sr. Member
  • ****
  • Posts: 323
Reply #5 on: Jun 18, 2019
45


Engineer

  • Hero Member
  • *****
  • Posts: 527
Reply #6 on: Jun 18, 2019


Suppose that in the market for paper, demand is p = 100 - Q. The private marginal cost is MCp = 10 + Q. Pollution generated during the production process creates external marginal harm equal to MCe = Q. What is the total external harm at the competitive market level of output?
◦ 1350.5
◦ 1012.5
◦ 672.5
◦ 2025


gabrielle_lawrence

  • Sr. Member
  • ****
  • Posts: 353
Reply #7 on: Jun 18, 2019
1012.5


Engineer

  • Hero Member
  • *****
  • Posts: 527
Reply #8 on: Jun 18, 2019
Thank you!


gabrielle_lawrence

  • Sr. Member
  • ****
  • Posts: 353
Reply #9 on: Jun 18, 2019
Always glad to help...


Pages: 1 2  All   Go Up
« previous next »
 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

A graphical representation of the marginal value theorem. A graphical representation of the marginal value theorem.
Myocardial Oxygen supply and demand Myocardial Oxygen supply and demand
The Increasing Cost of Health Care, 1960–2010 The Increasing Cost of Health Care, 1960–2010
Comparison of Paper Medical Records and Electronic Health Records Comparison of Paper Medical Records and Electronic Health Records
Cost Accounting 14 Cost Accounting 14
During a period of high power demand, the voltage output of the power company is reduced by ... During a period of high power demand, the voltage output of the power company is reduced by ...
Video: Stimulus (introduction)

For a complete list of videos, visit our video library