Private cost and social cost, Managerial Economics

Why we need to distinguish between private cost and social cost?

Posted Date: 3/14/2013 1:33:14 AM | Location : United States







Related Discussions:- Private cost and social cost, Assignment Help, Ask Question on Private cost and social cost, Get Answer, Expert's Help, Private cost and social cost Discussions

Write discussion on Private cost and social cost
Your posts are moderated
Related Questions
Asuume there are two inputs in the production function, labor & capital, and these two inputs are perfect substitutes. The existing technology permits one machine to do the work of

Is Indian companies running a risk by not giving attention to cost cutting?n..

SHORT RUN OUTPUT AND PRICE In monopolistic competition, it's the product differentiation that permits its price without losing sales.  Due to brand loyalty consumers will c

introduction, evaluation,principle, activities concept behind Gatt & wto

For the pair of supply and demand equations,where x represents the quantity demanded in units of a thousand and p the unit price in dollars, find the equilibrium quantity and the e

The war on drugs is an expensive battle, as a great deal of resources go into catching those who buy or sell illegal drugs on the black market, prosecuting them in court, and housi

Why Do Monopolies Exist? Monopolists have market power and as a consequence will charges higher prices and generate less output than a competitive industry. It produces profit

explain production function illustrate production with one variable input

State the Fixed factor of production Input level of a fixed factor can't be varied in the short run. Capital falls under the category of fixed factor. Capital alludes to resour

Assume that Nicolas and Orson plan to sell soft drinks on a beach this summer. The beach is 400 meters long and sunbathers are spread evenly across its length. Nicolas and Orson se