Based on the table below, what is the optimal Level of Activity? Level of Activity Total benefit of activity Total cost of activity 000 1 10 3 2 17 4 3 24 6 4 31 12 5 38 20 6 45 32 3 4 5 6 7 Based on the table below, what is the optimal Level of Activity? O O O O O 5 6 07 Total benefit Total cost Level of Activity of activity of activity 0 0 1 2 3 5 OOT 10 17 24 31 38 6 45 0346222 12 Based on the table below, what is the optimal Level of Activity? Total benefit Total cost Level of Activity of activity of activity 0 0 0 1 10 2 17 3 24 4 31 5 38 6 45 346223 12 20 3 O O O O O 5 6 07

Based on the table below, what is the optimal Level of Activity? Level of Activity Total benefit of activity Total cost of activity 000 1 10 3 2 17 4 3 24 6 4 31 12 5 38 20 6 45 32 3 4 5 6 7 Based on the table below, what is the optimal Level of Activity? O O O O O 5 6 07 Total benefit Total cost Level of Activity of activity of activity 0 0 1 2 3 5 OOT 10 17 24 31 38 6 45 0346222 12 Based on the table below, what is the optimal Level of Activity? Total benefit Total cost Level of Activity of activity of activity 0 0 0 1 10 2 17 3 24 4 31 5 38 6 45 346223 12 20 3 O O O O O 5 6 07

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter13: Positive Externalities And Public Goods

Section: Chapter Questions

Problem 9RQ: In what ways (it) company investments in research and development create positive externalities?

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to treat a sore back Kyoko undertakes a course of physical therapy.Kyoko's marginal benefit from her first physical therapy session is $250 from her second its $225 , from her third its $175 anf from her its $100. physical threapy sessins cost $175 each. assuming kyoko's final physical threapy session will earn her zero consumer surpus, kyoko will have _ physical threapy sessions and her total consumer surpus will be_ A .four, $0 B. three, $100 c. four, $125 d. three, $125
What is an externality?
In what ways (it) company investments in research and development create positive externalities?
Computer models of global climate changecaused by increasing carbon dioxide in the atmosphere predictnot only higher overall temperatures, but also more intense andfrequent heat waves. During the devastating European heatwave in the summer of 2003, between 35,000 and 52,000“excess deaths” occurred. Before taking specific actions toreduce carbon dioxide emissions, economists and politicians tryto estimate the costs. Should excess deaths be included as acost of inaction? If so, what value should we place on a life?
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