In the absence of environmental protection laws, firms pollute because:
A. business owners do not believe that pollution is a problem.
B. controlling emissions costs money, thereby reducing profits.
C. the cost pollution imposes on society is small relative to the cost of reducing pollution.
D. business owners follow different norms than do environmentalists.
Answer: B
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All points below the budget line are
A) inferior to every point on the budget line. B) preferred to every point on the budget line. C) affordable. D) Answers A and C are correct.
The table above gives Cathy's total utility from Mt. Dew. Cathy's marginal utility from the 3rd Mt. Dew is ________ units
A) 75 B) 65 C) 25 D) 20
What are the advantages of a flat tax system?
The target market may consist of ___ who have specific needs and for whom the communication must be specifically tailored
Fill in the blank(s) with the appropriate word(s).