Completed quickly and followed instructions given. Grammar, spelling, etc. was all good as well. Thank you so much! Will hire in the future.
For the next several questions, consider the market for a type of medical implant used to treat pain conditions. The implant is produced by a profit-maximizing, price taking firm for which the demand and marginal cost “curves” are straight lines. It charges $380 per unit and, considering only private costs, decides to produce 920 units.
Because production of the implant results in water pollution, a government agency intervenes. It determines that when 920 units are produced there are marginal social costs of $510. It therefore concludes that 740 units should instead be produced. At 740 units, marginal private cost is $305.
Enter only numbers and a decimal point where needed – nothing else. Round to the nearest penny.
Given this information and what we know about firms, at 920 units marginal private cost must be
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more