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:
6 apples and 5 bananas
Step-by-step explanation:
x + y = 11
x = 11 - y
1.75x + 0.70y = 14
1.75(11 - y) + 0.7y = 14
19.25 - 1.75y + 0.7y = 14
5.25 = 1.05y
y = 5
x = 11 - 5 = 6
Answer:
3/-20
Step-by-step explanation:
I think you were asking for the slope for these, so that's what I gave you, sorry if you needed something else
X = 16y^2 + 1
x - 1 = 16y^2
(x - 1)/16 = y^ 2
( (x-1) / 16 ) ^1/2 = y
( (x-1) ^ 1/2 ) / 4 = y
