In Figure 1.3, A, B, and C, which depicts the existence of constant opportunity cost? 
A. Figure A
B. Figure B
C. Figure C
D. All three figures show the existence of constant opportunity cost.
Answer: B
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Anthropogenic pollutants
a. are absorbed naturally through the assimilative capacity of nature b. are human-induced contaminants, such as fossil fuel combustion c. are of little concern to environmental policy makers d. come from nonartificial processes in nature, such as salt spray from oceans
Which of the following might be a way that an automobile driver's pollution costs could be internalized?
A) The driver could purchase abatement equipment for her car. B) The state could eliminate the gas tax. C) The state could pay a gas subsidy for everyone who drives. D) The state could allow her to drive in the HOV lane.
Vouchers allow students to
A. get free lunches at public schools. B. go to public schools at reduced rates. C. receive discounts on school supplies like pens and paper. D. all of these. E. none of these answer options are correct.
Because of the scarcity of resources, every country must answer the three basic economic questions: ________________; ___________________; and _________________.
Fill in the blank(s) with the appropriate word(s).