Markets

Question

Question

Answer 1

Answer #1

9.Above the marginal revenue curve

11.option 2 i.e,MUa/MUb=Pa/Pb

12.supply curve is inelastic

13.option 1.i.e.,y=5x+10

Figure 2.2.1 the answer is A is marginal cost and B is marginal benefit.

16.option 4 i.e, opportunity cost of producing the good measured at x axis

a s.jpg a s1.jpg

answered by: Shaik sultan

Answer 2

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