Economists assume that early in the process of cleaning a dirty environment, there are relatively
A. low benefit-low cost things than can and should be done first.
B. high benefit-low cost things than can and should be done first.
C. low benefit-high cost things than can and should be done first.
D. high benefit-high cost things than can and should be done first.
Answer: B
You might also like to view...
If Jim pays $1000 to John: a. GDP will increase by $1000
b. GDP will increase, but we cannot determine by what amount. c. nominal GDP will increase, but we cannot be sure if real GDP will increase or decrease. d. we need more information in order to determine whether or how much GDP will change.
Which of the following statements is false?
A) A change in the price of good X will usually change the quantity supplied of good X, ceteris paribus. B) A change in the number of sellers of a good can change the supply of that good. C) Price and quantity supplied are directly related. D) A vertical supply curve represents a direct relationship between price and quantity supplied.
the ratio of change in consumption to a change in the income that caused the consumption change
What will be an ideal response?
Refer to the information provided in Figure 2.4 below to answer the question(s) that follow.
Figure 2.4According to Figure 2.4, as the economy moves from Point B to Point D, the opportunity cost of motorcycles, measured in terms of hybrid cars,
A. increases B. remains constant. C. initially increases, then decreases. D. decreases.