QUESTION 22 Suppose again that a market demand schedule for a resource is P = 200 - 4Q and the market supply schedule is P = 80 + 2Q. There are two periods only, current period, denoted as t=0, and second, denoted as t-1. The marginal user cost (MUC) is negative at the intertemporal (i.e., dynamic) equilibrium when r= 0.10. Is it true or false? O True O False

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter2: Fundamental Economic Concepts
Section: Chapter Questions
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QUESTION 22
Suppose again that a market demand schedule for a resource is P = 200 - 4Q and the market supply
schedule is P =
denoted as t=1. The marginal user cost (MUC) is negative at the intertemporal (i.e., dynamic)
equilibrium when r= 0.10. Is it true or false?
80 + 2Q. There are two periods only, current period, denoted as t=0, and second,
True
False
QUESTION 2
Suppose once again that a market demand schedule for a resource is P = 200 - 4Q and the market
supply schedule is P =
second, denoted as t=1. What is the Total User Cost (TUC) at the intertemporal equilibrium when r =
0.10?
80 + 2Q. There are two periods only, current period, denoted as t-0, and
O A. TUC = $120.0
%3D
O B. TUC = $74.83
OC. TUC = $28.50
O D. TUC = $0.00
%3D
%3D
Transcribed Image Text:QUESTION 22 Suppose again that a market demand schedule for a resource is P = 200 - 4Q and the market supply schedule is P = denoted as t=1. The marginal user cost (MUC) is negative at the intertemporal (i.e., dynamic) equilibrium when r= 0.10. Is it true or false? 80 + 2Q. There are two periods only, current period, denoted as t=0, and second, True False QUESTION 2 Suppose once again that a market demand schedule for a resource is P = 200 - 4Q and the market supply schedule is P = second, denoted as t=1. What is the Total User Cost (TUC) at the intertemporal equilibrium when r = 0.10? 80 + 2Q. There are two periods only, current period, denoted as t-0, and O A. TUC = $120.0 %3D O B. TUC = $74.83 OC. TUC = $28.50 O D. TUC = $0.00 %3D %3D
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