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:
We can't graph on this app but this is what I can give you.
Step-by-step explanation:
The 5+2 part automatically makes 7, obviously, meaning that x and y each would have to at least represent 2 for this equation to be true.
In this question, each star equal to 4 students. If the people on 85 and 90 take the test again that means their number should be 14+4 people= 18 people.
If they all get 95, then it means we need to add 18 people to the 95 graph. The number of stars would be: 18 people / (4people/stars)= 4.5 stars
If you add the stars graph it will be easier. It should be clear that 85 will have 1 stars and 90 have 3.5 stars. Adding them up will be 1 stars + 3.5 stars= 4.5 stars
