Which of the following marketing pieces takes the concept of marginalism into account?
What will be an ideal response?
Contribute $50 annually to the Heifer Foundation and give a chicken to a family living in poverty. This gift will help generate an additional $100 in household income through the sale of the eggs produced.
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Why are most endangered species belong to common property?
What will be an ideal response?
When Pigouvian subsidy is imposed on a market with a positive externality, total surplus:
A. increases more than the increase in consumer surplus. B. decreases less than the increase in consumer surplus. C. decreases more than the decrease to producer surplus. D. increases less than the decrease to producer surplus.
According to government procedures of the job analysis process, the first interview should be conducted with the _____.
A. incumbent's supervisor B. incumbent C. HR manager D. incumbent's co-workers
Suppose that a powerplant is given a permit to pollute 10 tons of carbon into the atmosphere. As the powerplant operates, it can generate $200 of profit selling electricity per ton of carbon that it sends into the atmosphere. If the price of the carbon permit is $300 per ton, then:
A. the powerplant is better off shutting down and selling its permit. B. the powerplant is better off buying more permits and selling more electricity. C. the powerplant is better off selling electricity and using the permits to pollute 10 tons of carbon. D. the powerplant is better off shutting down and buying more permits.