Economics Homework Help

1/ The incentive to cut costs is ________ for ________ prisons (as/than) it is for ________ prisons.Group

1/ The incentive to cut costs is ________ for ________ prisons (as/than) it is for ________ prisons.

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Group

of answer choices

a. about the same; private; public

b. smaller; private; public

c. greater; private; public

d. greater; public; private

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Question 8

1 pts

Suppose a customer at a restaurant is deciding whether or not to order dessert. Marginal thinking means that the customer should compare:

Group of answer choices

a.the total benefit from the entire meal and dessert with the additional cost of the dessert.

b.the total benefit from the entire meal and dessert with the total cost of the meal and dessert.

c.the additional benefit from the dessert with the additional cost of the dessert.

d. the marginal benefit from the meal with the marginal cost of the dessert.

Question 121 pts

If the government institutes a tax on suppliers of Cheesy-Poofs, the market for Cheesy-Poofs will see: