The above figure shows the marginal social benefit and marginal social cost curves of chocolate in the nation of Kaffenia. What is the marginal social benefit from the 100th pound of chocolate each day?
A) $1.50 per pound
B) $1.00 per pound
C) $0.50 per pound
D) None of the above answers is correct.
A
Economics
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A perfectly contestable market is one which a firm can enter and exit without losing its investment
a. True b. False Indicate whether the statement is true or false
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If income were distributed equally our economic _________ would suffer.
Fill in the blank(s) with the appropriate word(s).
Economics