A subsidy is sometimes used by government to correct the problems associated with
A) negative externalities.
B) positive externalities.
C) internal benefits.
D) external benefits.
B
Economics
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Refer to the table below. If this market is a Cournot Oligopoly and Firm X is produces 50 units, what is Firm Y's marginal revenue at a price of $60?
The table above shows the market demand for a product that both Firm X and Firm Y manufacture. Both firms produce an identical product and the firms' average total and marginal cost are equal and constant.
A) $40 B) $60 C) $70 D) $50
Economics
A full-time student who did not have a job and was not looking for work would be categorized as
What will be an ideal response?
Economics