in a market undergoing technological change, firms that t. i A. adopt the new technology temporarily earn an economic prot. . do not adopt the new technology continue to earn a normal profi. i C. do not adopt the new technology temporarily earn an economic profit. i D. do not adopt the new technology increase their market share. {Hi E. adopt the new technology temporarily incur an economic loss. Because the supply of capital is highly elastic, taxing the income from capital results in i. firms that demand capital paying the greater share of the tax. ii. a decrease in the equilibrium quantity:r of capital. iii. a deadweight loss. c:> i'_,i A. ii only {:1 E. ii and iii Cl C. ionlyr {:1 D. iand iii [In E. i: ii: and iii Only a few countries in the world do not provide free public education. These countries are likely to have than the efficient number of students educated and as a result, the of education are not captured by their societies. O A. less; private social costs O B. more; marginal external costs O C. less; marginal private benefits O D. less; marginal external benefits O E. more; marginal private benefitsA two - firm oligopoly is called a O A. monopolistic oligopoly. O B. duopoly. O C. double monopoly. O D. cartel. O E. dual - market.The total cost of producing 24,000 t-shirts is which equals the The T-Shirt Market O A. $120,000; amount received 10- O B. $156,000; sum of the amount received plus the producer surplus O C. $84,000; amount received minus the producer surplus O D. $36,000; producer surplus O E. $5; amount received for the 24,000th t-shirt MC Market price Price ( dollars per t-shirt) W A N 0.5- 0 2 4 6 8 10 12 14 16 18 20 22 24 26 28 Quantity (thousands of t-shirts)Marginal benefit is the {j A. opportunities given up to get one more unit of a good or service. {j E. minimum amount of other goods or services we are willing to give up. Ci 8. the benefit we receive from consuming one more unit of a good or service minus the cost of the producing one more unit of the good or service. L} D. total benefit we receive from consuming a good or service. Ci E. additional benefit we receive from consuming one more unit of a good or service