Command-and-control policies lead to higher prices for consumers than pollution taxes do.
Answer the following statement true (T) or false (F)
True
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Fred and Barney fill egg cartons with eggs. Fred just started the job and can fill only 25 cartons an hour. Barney has significant on-the-job experience and can fill 50 cartons an hour. Both Fred and Barney work 50 hours a week. Fred's average weekly productivity is ________ cartons; Barney's average weekly productivity is ________ cartons; and as a team their average weekly productivity is ________ cartons.
A. 25; 50; 37.5 B. 25; 50; 75 C. 1,000; 2,000; 1,500 D. 1,250; 2,500; 1,875
How are depletion and pollution mirror images of the same problem?
What will be an ideal response?
Entry barriers are present in monopoly markets but are not in perfectly competitive markets.
Answer the following statement true (T) or false (F)
A productivity increase is illustrated by a shift in the production function
a. downward. b. leftward. c. upward. d. rightward.