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:
89
Step-by-step explanation:
i think
Answer:
The original price of the book was $12.50
Step-by-step explanation:
3x - 0.2(3x) + 10 = 40
30x - 2(3x) + 100 = 400
30x - 6x + 100 = 400
24x + 100 = 400
24x = 300
x = 12.50
Short Answer: The volume would be A=576 in²