All of the following are choices for the polluter when faced with additional costs to abate the externality EXCEPT
A. ignore the government regulations.
B. reduce the pollution-causing activity.
C. install pollution abatement equipment.
D. pay the price to pollute.
Answer: A
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Refer to above figure. In the absence of trade, how many Widgets does this country consume?
What will be an ideal response?
Under some relative definitions, poverty will persist as long as income inequality does
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
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An example of income earned but not received is corporate dividends
Indicate whether the statement is true or false