Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN: 9781947172364
Author: Steven A. Greenlaw; David Shapiro
Publisher: OpenStax
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Chapter 13, Problem 2SCQ

Suppose that Sony’s R&D investment in digital devices has increased profits by 2 0 % .

Is this a private or social benefit?

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Suppose that Sony's R&D investment in digital devices has increased profits by 20%. Is this a private or social benefit?
5. If a carbon-offset project is already profitable, is it ethical to provide credits over and above those profits? Why or why not? 6. consider the company you currently work for(or one you have worked for in the past). What initatives could it start to be more socially responsible? How would you propose such changes?
When should a private good be produced from an efficiency standpoint?  A.When the marginal cost exceeds the sum of all of society’s marginal benefit   B.When the marginal cost exceeds the marginal benefit from consumption   C.When the sum of all of society’s marginal benefit exceeds the marginal cost   D.When the marginal benefit from consumption exceeds the marginal cost

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