In the above table, when 200 brownies are produced

A) marginal social benefit is greater than marginal social cost, and resource use is efficient.
B) marginal social benefit is greater than marginal social cost, and there is a deadweight loss.
C) marginal social benefit equals marginal social cost, and resource use is efficient.
D) marginal social benefit is less than marginal social cost, and there is a deadweight loss.

B

Economics

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The current account balance equals the value of net exports

Indicate whether the statement is true or false

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A standard deck of playing cards has 52 cards with 13 cards in each of the four suits; hearts, diamonds, spades, and clubs. If a single card is drawn from a standard deck, what is the probability that the card will be a spade?

A) 0.75 B) 0.13 C) 0.25 D) 0.52

Economics