A. private costs, private benefits
B. private costs, social costs or benefits
C. social costs, social benefit
D. insiders, outsiders
A. Fifth
B. Fourth
C. Seventh
D. Sixth
A. market orientated economists
B. left-wing theorists
C. Keynesian
D. New-Keynesian
XA. wages and rents should fall in Country A
B. wages and rents should rise in Country A
C. wages should rise and rents should fall in Country A
D. wages should fall and rents should raise in Country A
A. Judicial economic statement
B. Positive economic statement
C. Formative economic statement
D. Normative economic statement
A. The average cost increase from Rs20 to Rs30
B. The total costs for 11 units are Rs700
C. The average cost for 10 units is Rs1300
D. The average cost for 11 units is Rs1300
A. neither rival nor excludable
B. rival but not excludable.
C. both rival but excludable
D. not rival but excludable