Recent Posts • Latest Topics • Unanswered Questions

If firms have to account for external costs of production, then marginal social cost

unicorngirl13

wrote...

Go to Answer

Posts: 438

Rep:

5 years ago

If firms have to account for external costs of production, then marginal social cost

Question 1.

If a profit-maximizing competitive firm ________ compensate society for a negative externality, the firm will choose to produce where price equals marginal cost.

▸ does not have to

▸ is pressured to

▸ voluntarily chooses to

▸ is legally bound to

Question 2.

If firms have to account for external costs of production, then marginal social cost

▸ equals marginal cost.

▸ is less than marginal cost.

▸ is greater than marginal cost.

▸ is zero.

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

Read 85 times

1 Reply

Report

Replies

Answer verified by a subject expert

dnlee1

wrote...

Posts: 357

Rep:

5 years ago

More solutions for this book are available here

Report

Related Topics

unicorngirl13 Author

wrote...

5 years ago

Thanks for your help!!

rhockeygirl

wrote...

Yesterday

This site is awesome

KaylenePig

wrote...

2 hours ago

I appreciate what you did here, answered it right Smiling Face with Open Mouth

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1581 People Browsing

154 Signed Up Today

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

1031

367

380

Your Opinion

Previous poll results: Which 'study break' activity do you find most distracting?

The Toxic Skin and Fungi Defense

It's sore throat season, why does my mucus have red spots?

Courses by Biology Forums

Bonobos, Chimpanzees, and the 98% DNA Link

Strange Ingredients Lurking in Doritos Chips

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.