Which is NOT a weakness of the policy of mandatory separation of recyclables?

A) It actually pays people to use more recyclable material, and thus more material in total.
B) It is costly for households in terms of time spent.
C) It is costly for the government to monitor.
D) Individuals may shift away from recyclable to non-recyclable materials just so they don't have to bother to separate them.
E) Implementation is difficult and consumes household space.


A

Economics

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A firm has two plants, one located in desirable Scenic Springs and the other located in the undesirable Swamp Lands. If the workers in Scenic Springs are paid $50,000 a year and the workers in Swamp Land are paid $60,000, which of the following is true?

A) The $10,000 difference in salaries is the worker equity payment. B) The $10,000 difference in salaries is the compensating wage differential. C) The $60,000 salary is a worker equity payment. D) The $60,000 salary is a compensating wage differential.

Economics

If Faith attends college, it will take her four years, during which time she will earn no income. She will pay $50,000 for tuition, $12,000 for room and board, and $5,000 for books. If she spends the four years working rather than attending college, she will pay $18,000 for room and board, pay no intuition, and buy no books. Based on this information, Faith's economic cost of attending college

would be $67,000 if, over the four years, she could earn a. $12,000 instead of attending college. b. $14,000 instead of attending college. c. $16,000 instead of attending college. d. $18,000 instead of attending college.

Economics

Private solutions may not be possible due to the costs of negotiating and enforcing these solutions. Such costs are called

a. transaction costs. b. corrective costs. c. input costs. d. private costs.

Economics

The long run supply curve for a constant cost industry is:

a. horizontal. b. upward sloping. c. vertical. d. downward sloping.

Economics