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ryzh [129]
2 years ago
10

Refer to Table 10-1. What is the socially optimal quantity of output in this market

SAT
1 answer:
maw [93]2 years ago
8 0

The socially optimal quantity of output in this market is D. 0

Quantity Price $ per unit Private Marginal Cost External Marginal Cost

0 100 --- ---

1 90 10 30

2 80 20 30

3 70 40 30

4 60 60 30

5 50 80 30

6 40 100 30

7 30 120 30

Hence, we can see that, in the presence of an externality, the socially optimal output is determined by including the externality either by adding it with marginal cost or marginal benefit.

Therefore, from the given table above, we can see that the socially optimal quantity of output in this market is 0 because it occurs when social marginal cost is equal to the marginal revenue.

Read more about social marginal cost here:.

brainly.com/question/11689872

#SPJ1

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Use the properties of logarithms to write the following expression as one logarithm. Logs logr + 8logr s − 3logr t mc001-1. Jpg
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In this exercise we have to use the properties of the logarithm to write it in one way, like this:

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From these  recalling some properties of the logarithm, we find that:

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given the equation as:

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A survey participant is randomly selected. Let f be the event that the participant’s first motor vehicle had four cylinders and
andreev551 [17]

The value of P(fc and u) is 0.09

From the complete question, we have the following highlights:

  • A total of 200 participants were surveyed.
  • 18 of the survey participant's first motor vehicle had four cylinders and the participant’s first motor vehicle was an SUV.

These mean that;

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So, the value of P(fc and u) is calculated using:

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This gives

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