If external costs are included and added to a firm's private costs, then
A) the demand curve will shift to the right.
B) the demand curve will shift to the left.
C) the supply curve will shift to the right.
D) the supply curve will shift to the left.
D
Economics
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Although finished goods are scarce, the inputs to produce them are not scarce.
Answer the following statement true (T) or false (F)
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Figure 5-8
In Figure 5-8, the consumer is indifferent between the combinations of beer and wine coolers indicated by points
A. A, C. B. B, D. C. C, B. D. A, B.
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What are the three coordination tasks which markets resolve?
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If a new unit excise tax is levied on bottles of soda, the
A) demand for soda shifts to the left. B) demand for soda shifts to the right. C) supply of soda shifts to the right. D) supply of soda shifts to the left.
Economics