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you can just type the answer is fine, i don't need explanation. In a market undergoing technological change, firms that adopt the new technology temporarily
you can just type the answer is fine, i don't need explanation.
In a market undergoing technological change, firms that adopt the new technology temporarily earn an economic prot. do not adopt the new technology continue to earn a normal profit. . do not adopt the new technology temporarily earn an economic profit. do not adopt the new technology increase their market share. 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 of capital. iii. a deadweight loss. O A. ii only O B. ii and iii O C. i only O D. i and iii O E. i, ii, and iiiOnly 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 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) 0.5- 2 4 6 8 10 12 14 16 18 20 22 24 26 28 Quantity (thousands of t-shirts)Marginal benefit is the {:1 A. opportunities given up to get one more unit of a good or service. {:1 B. minimum amount of other goods or services we are willing to give up. i: _i C. 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. -:j :i D. total benefit we receive from consuming a good or service. ij ji E. additional benefit we receive from consuming one more unit of a good or service. Screening O A. explains why insurance companies offer low - premium, high - deductible policies and high - premium, low - deductible policies. O B. means an uninformed person passes knowledge to an informed person. O C. makes the insurance market inefficient. O D. makes no - claim bonuses unnecessary. O E. leads to a pooling equilibrium in the insurance market.In the used car market, with a pooling equilibrium the price of a lemon is the price of a good used car and with a separating equilibrium the price of a lemon is the price of a good used car. O A. less than; equal to O B. equal to; less than O c. more than; more than O D. equal to; more than O E. equal to; equal toEconomies of scale and diseconomies of scale explain <:> {:1 A. cost behavior in the short run. {:1 B. the U shape of the marginal cost curves. +:_ _3 C. the U shape of the long run average cost curve. cj :J D. the U shape of the short run average total cost curve. +1: :3 E. prot maximization in the long runStep by Step Solution
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