The costs of pollution abatement
A. decrease at an increasing rate with the increase in pollution abatement.
B. increase at an increasing rate with the increase in pollution abatement.
C. decrease at a decreasing rate with the increase in pollution abatement.
D. increase at a decreasing rate with the increase in pollution abatement.
Answer: B
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If the federal excise tax on cigarettes were raised by one dollar, the retail price of cigarettes would probably
A. rise by more than one dollar. B. rise by one dollar. C. rise by less than one dollar. D. not rise at all.
Inside information
A) applies to proprietorships only. B) applies to proprietorships and partnerships only. C) applies to corporations only. D) applies to all forms of business.
Refer to the information provided in Table 22.6 below to answer the question(s) that follow.
Table 22.6
Refer to Table 22.6. If 2014 is the base year, the price index in 2016 is
A. 59.8. B. 71.3. C. 128.7. D. 140.2.
Adjusted for the value of a dollar, which of the following films generated the U.S. revenue?
A) Avatar B) Star Wars: The Force Awakens C) Titanic D) Gone with the Wind