When 2,000 Hamburgers a Day Are Produced, the Marginal Social

question 69

Multiple Choice

When 2,000 hamburgers a day are produced, the marginal social benefit from the 2000ᵗʰ hamburger is $1.50 and its marginal social cost is $1.00.And when 7,500 hamburgers a day are produced, the marginal social benefit from the 2000ᵗʰ hamburger is $1.00 and its marginal social cost is $1.50.The efficient quantity of hamburgers is ________ a day

• A)less than 2,000
• B)between 2,000 and 7,500
• C)more than 7,500
• D)zero
• E)2,000

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Definitions:

Extranets

Private networks that extend and provide limited access to a company's information to external partners, suppliers, or clients through the internet.

Intranets

Private networks accessible only to an organization's staff, often used to store, share, and manage internal information.

Transport Layer

Constitutes the fourth layer of the OSI model, responsible for delivering data across network connections with proper sequencing and error control.

TCP/IP

Transmission Control Protocol/Internet Protocol, a set of networking protocols that enables communication between computers on a network.