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Author Question: FIGURE 5-5Refer to Figure 5-5. If production and consumption of gardening services were 5000 hours per month, (Read 373 times)

M1ch3a

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on: Oct 12, 2022




FIGURE 5-5

Refer to Figure 5-5. If production and consumption of gardening services were 5000 hours per month,


◦ the value placed by consumers on the last 1000 hours is less than the additional costs associated with their provision.
◦ this market is not achieving efficiency.
◦ the provision of the last 1000 hours would decrease the amount of economic surplus in this market.
◦ the resources going into the last 1000 hours of gardening service would be more highly valued elsewhere.
◦ all of the above.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by M1ch3a on Oct 12, 2022

lactosetheintolerant

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Reply #1 on: Oct 12, 2022
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.
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M1ch3a

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

jojobee318

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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