The above figure shows the marginal private cost curve, marginal social cost curve, and marginal social benefit curve for raising goats on a common pasture. The efficient outcome is raising ________
A) 0 goats
B) 40 goats
C) 50 goats
D) 55 goats
B
Economics
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The marginal product of capital is the ________ curve for capital and the marginal product of labor is the ________ curve for labor
A) demand; demand B) demand; supply C) supply; demand D) supply; supply
Economics
Of the four countries below, which has the highest degree of income inequality?
a. Germany b. Turkey c. South Africa d. Mexico
Economics