--%>
Assignment Help - homework help

Efficient price of a good by vantage point of society

The allocatively efficient price of a good by the vantage point of society is the price which equals the: (w) average social cost of producing this. (x) average variable cost of producing this. (y) total social cost of producing this. (z) marginal social cost of producing this.

How can I solve my Economics problem? Please suggest me the correct answer.

   Related Questions in Microeconomics

  • Q : Demand in Dynamics The raise in the

    The raise in the supply of potatoes is probable to decrease the: (i) Supply of potato harvesters. (ii) Demand for pasta and rice. (iii) Price of Big Macs. (iv) Quantity of ketchup people put on hot-dogs. (e) Budgets of most house-holds.

  • Q : When did marginal utility diminished

    The marginal utility most obviously diminished whenever: (1) Eric sang six songs rather than only one on karaoke night at local club. (2) Molly’s piano lessons absorbed 20 hrs last week she could have used up for studying. (3) Karen built 12 boxes however only 9

    		•
  • Q : What is the revenue of a firm Revenue

    Revenue of a firm: It is the sale or money receipts from the sale of product.

    		•
  • Q : Problem of Nash Equilibrium Carlos and

    Carlos and Ivana are room-mates and friends. Carlos and Ivana eat together despite who cooks on a given night. Within this payoff matrix, Nash equilibrium could never be obtained in that: (w) neither Carlos nor Ivana cook, nor do they eat. (x) Carlos

    		•
  • Q : Relative price of the good The demand

    The demand curve depicts a negative relationship among price and quantity demanded since the quantity demanded rises if there is a decline in the: (1) Size of the family. (2) Incomes of the consumer. (3) Relative price of good. (4) Price of the substitute good. <

    		•
  • Q : Neoclassical economics One of my

    One of my friends can't find the answer of this question .Give me answer of this question. How are economic theories created in neoclassical economics?

    		•
  • Q : Influence of Demand in the market price

    I have a problem in economics on Influence of Demand in the market price of good. Please help me in the following question. In short run, a demand curve would not shift the following a change in: (i) The size and distribution of national income. (ii)

    		•
  • Q : Enter an industry by barriers to entry

    Barriers to entry: (w) make this complicated or impossible for new firms to profitably enter an industry. (x) uniformly violate U.S. antitrust statutes. (y) are fundamentally technological instead of economic. (z) stimulate aggressive competition.

    		•
  • Q : Tariffs Choose the right answer from

    Choose the right answer from following. Tariffs: A) may be imposed either to raise revenue (revenue tariffs) or to shield domestic producers from foreign competition (protective tariffs). B) are also called import quotas. C) are excise taxes on goods exported abroad.

    		•
  • Q : Wage Differentials problem Can someone

    Can someone please help me in finding out the accurate answer from the following question. Significant influences on the union non-union wage differentials comprise the: (1) Proportion of the industry which is unionized and the frequency of strikes. (2) Frequency of s

    		•