Which of the following is most likely to be preferred by economists as a relatively more efficient measure to reduce pollution?
a. Marketable permits
b. A command-and-control regulation
c. Corrective subsidies
d. Pollution charges
a
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Options traded on exchanges are known as:
A) listed options B) exchange traded options C) call options D) put options
At a price above the breakeven point of a perfectly competitive firm, the firm will suffer losses in the short run
a. True b. False Indicate whether the statement is true or false
If MU a /P a = 100/$35 = MU b /P b = 300/? = MU c /P c = 400/?, the prices of products B and C in consumer equilibrium:
A. cannot be determined from the information given. B. are $105 and $140 respectively. C. are $105 and $175 respectively. D. are $100 and $200 respectively.
During economic downswings
A. output falls faster than employment, and the ratio of output to workers rises. B. employment falls faster than output, and the ratio of output to workers rises. C. output falls faster than employment, and the ratio of output to workers falls. D. employment falls faster than output, and the ratio of output to workers falls.