The marginal costs and prices

  1. A Pigovian subsidy __________.ensures that external costs are minimized is set equal to the marginal external benefit of an
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  2. The Law of Supply (movement along the curve due to the price effect) occurs becauseA) producers usually offer more for sale at
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  3. The marginal costs and prices of a purely competitive market system accurately measure:a. Both spillover costs and spillover
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  4. For xyz manufacturing the fixed costs are $1200, material and labor costs combined are $2 per unit, and the demand equation is:p
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  5. For xyz manufacturing the fixed costs are $1200, material and labor costs combined are $2 per unit, and the demand equation is:p
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  6. If a government tries to completely maximize a benefit for society, what will happen to costs? (1 point)• Marginal costs per
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  7. A Pigovian subsidy __________.ensures that external costs are minimized exists when marginal social benefits exceed marginal
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  8. Consoder a monolist facing a linear demand Q=60-P/3. The monolist products with constant marginal costs c=3 and no fixed costs.
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  9. Suppose that at a gas station across the street, prices are always 20% higher than Bob’s. In absolute dollar terms, the
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  10. Marginal social benefits of pollution can be thought of as __________.the marginal benefit of increased taxation the avoidance
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