Answer:
Optimal combination of goods can be determined in an economy that produces only two goods, with production of extra units of the two goods at a minimal marginal social cost. The consumption of the additional units of the two goods being produced will be benefitted by the consumers. This is known as marginal social benefit.
Step-by-step explanation:
Marginal social cost is the change in society's total cost brought about by the production of an additional unit of a good or service. It includes both marginal private cost and marginal external cost.
Marginal social benefit is the change in benefits associated with the consumption of an additional unit of a good or service. It is measured by the amount people are willing to pay for the additional unit of a good or service.
Answer:
B is a statistical question
Step-by-step explanation:
A and C ask for qualitative data or categorical data
B asks for quantitative data or numerical data
We obviously use numerical data for statistical work, so B is the answer
Answer:
C) 29x=5
reason:
first, distribute the parentheses
this will make your equation 8-20x=6-3+9x
simplify to get 8-20x=3+9x
add 20x to both sides to get 8=3+29x
subtract 3 from both sides to get 5=29x
x=4,3,2 or,1 are the possible
