Question

if the marginal social benefits exceeds the marginal cost,then a)an increase in output will increase welfareb)a decrease in output will increase welfare c)welfare cannot be increased d)it is difficult to say what will happen to welfare without further information .

Answer 1

The Russian Revolution of 1917 was a series of political events in Russia, involving first the overthrow of the system of autocracy, and then the overthrow of the liberal Provisional Government ( Duma), resulting in the establishment of the Soviet power under the control of the Bolshevik party.