An emission fee levied against polluting firms will tend to shift the:
A. Supply curve of the firms to the left
B. Supply curve of the firms to the right
C. Demand curve for the product to the left
D. Demand curve for the product to the right
A. Supply curve of the firms to the left
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In November 2008, the air traffic controllers who work at Guam became unionized. What would NOT be a way for the union to influence labor demand?
A) Have monthly training which improves the marginal productivity of the air traffic controllers. B) Support minimum wage laws. C) Creating job certification which limits the number of newly certified air traffic controllers. D) Lobby the government to limit who can apply to be an air traffic controller in Guam to those who are certified through the union.
The receiver of a message is the __________ or audience
a. Communicator b. Sender c. Destination d. Channel
The marginal revenue curve of a perfectly price-discriminating monopolist
a. coincides with the marginal cost curve b. lies below the market demand curve c. coincides with the market demand curve d. is a horizontal line through the midpoint of the market demand curve e. does not exist
Production that generates positive externalities typically produces _______ than the socially optimum and this is because benefits to ________ are not taken into account by the market
a. more; free riders b. less; free riders c. less; government d. more; government e. more; antipolluters