Which country has stricter insider trading laws?
a. Germany
b. Japan
c. France
d. United States
e. Indonesia
D
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The table above describes the market for paper. The production of paper produces pollution. There are no external benefits. What is the efficient amount of paper?
A) 10 tons per week B) 60 tons per week C) 40 tons per week D) 30 tons per week
How do households make saving decisions?
What will be an ideal response?
Refer to the above table. What is the marginal factor cost when the firm employs the second unit of labor?
A) $19
B) $21
C) $36
D) $38
According to the Coase theorem, externality problems may be solved if the parties involved can negotiate. Which of the following is also needed?
a. clearly defined bargaining costs b. enforceable bargaining costs c. clearly defined, enforceable property rights and low bargaining costs d. a property right that cannot be bought or sold e. government regulation