Firms that are most likely to buy marketable pollution rights are those that produce the most pollution per unit of output produced
Indicate whether the statement is true or false
False. Firms that will buy pollution rights are those whose products are worth a lot relative to the harm from pollution they create.
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Options on individual stocks are referred to as
A) stock options. B) futures options. C) American options. D) individual options.
Supply-siders believe that
A. Tax rebates directly affect the supply side of the economy. B. Tax rebates shift the Phillips curve to the left. C. Tax rebates provide greater incentives for work, production, and investment. D. Tax rebates have no effect on work effort.
The table below shows how the output of wool fabric varies with the number of workers employed in a factory. The average product of workers in this factory
a. declines steadily from 15 yards of fabric per worker per day to 10 yards of fabric per worker per day, as employment in the factory is increased from 1 to 7 workers. b. is maximized when 3 workers are employed per day. c. is maximized when 2 workers are employed per day. d. is equal to 20 yards of fabric per worker per day, no matter how many workers are employed per day.
The "bubble concept" as employed by the Environmental Protection Agency
What will be an ideal response?