Answer:
Optimal combination of goods can be determined in an economy that produces only two goods, with production of extra units of the two goods at a minimal marginal social cost. The consumption of the additional units of the two goods being produced will be benefitted by the consumers. This is known as marginal social benefit.
Step-by-step explanation:
Marginal social cost is the change in society's total cost brought about by the production of an additional unit of a good or service. It includes both marginal private cost and marginal external cost.
Marginal social benefit is the change in benefits associated with the consumption of an additional unit of a good or service. It is measured by the amount people are willing to pay for the additional unit of a good or service.
Answer:
A, B, D are true
Step-by-step explanation:
A) Speed = Distance travelled ÷ time taken
= 112 ÷ 1.75
= 64 miles per hour
True
B) Cost of 6 pens = $7.74
Cost of 1 pen = 7.74 ÷ 6 = $ 1.29
Cost of 7 pens = 1.29 * 7 = $ 9.03
TRUE
C) Speed = 57 miles per hour
4 hour 10 minutes = 250 minutes
Distance traveled in an hour = 57
Distance traveled in 250 minutes = (57* 250) ÷ 60 = 237.50 miles
FALSE
D) Cost of 17 cans = $ 38.59
Cost of 1 can = 38.59 ÷ 17 = $2.27
Cost of 3 cans = 2.27 * 3 = $ 6.81
TRUE
e) Cost of two dozen eggs = $ 8.40
Cost of an egg = 8.40 ÷ 24 = $ 0.35
FALSE
0.161290322 that the answer
43 is the median, the mean is 36.6 (36.57 rounded up) and since none of the numbers repeat, there isn't really a mode.
Hope this helps
