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.

6 0

3 years ago

Which expressions are equivalent?

nasty-shy [4]

The first set of expressions bc 3x is equivalent to 3x and -7y is equivalent to -7y

6 0

3 years ago

A destroyer on patrol spots an aircraft at an altitude of 10,000 ft and an angle of elevation of 20⁰. How far is the aircraft fr

Reika [66]

$sin= \frac{opp}{hyp} \\\\sin (20) = \frac{10000}{hyp}\\\\hyp= \frac{10000}{sin(20)} \\\\hyp= 29238 ft$

The aircraft is 29238 ft from the ship

Note: this is based on my assumption that we are looking for the hypotenuse.

If we are looking for the adjacent side, then the answer would be 27475 ft.

4 0

3 years ago