Anthropogenic pollutants
a. arise from natural processes in nature, like particles from volcanic eruptions
b. are contaminants linked to human activity
c. are those released only from nonpoint sources
d. are of minimal concern to environmental economists
b. are contaminants linked to human activity
You might also like to view...
We showed above that a profit-maximizing firm will hire the number of workers such that the wage is equal to the value of the marginal product of labor
But, as the text showed in an earlier chapter, a profit-maximizing firm will produce the quantity of output such that price equals marginal cost. Are these two rules inconsistent?
According to the World Bank, Albania does one of the worst jobs as a country enforcing the rule of law. The consequence of a weak rule of law is
A) strong property rights enforcement leading to greater investment. B) more risk taking on the part of entrepreneurs and greater economic investment. C) a decrease in cash transactions and increased efficiency. D) difficulty in attracting investment and low economic growth.
One undesirable effect of social regulation is that it
A) affects smaller firms disproportionately, creating anticompetitive effects. B) destroys incentives for firms to engage in marginal cost pricing. C) raises prices of goods to consumers, while lowering prices to business and special interest groups. D) reduces the effectiveness of economic regulation.
The big jump in the unemployment rate that occurred in 2009 can best be explained as an increase in
A. structural unemployment. B. frictional unemployment. C. cyclical unemployment. D. natural unemployment.