When the EPA dictates the abatement equipment for vehicles, it determines:
A. pollution per mile driven.
B. pollution per car per year.
C. gasoline mileage per gallon.
D. pollution per driver per year.
Answer: A
You might also like to view...
Shortages occur at prices which are above the market clearing price
Indicate whether the statement is true or false
If a quota is imposed on imports of shrimp into the United States, U.S. consumers ________ and U.S. producers ________
A) gain; gain B) lose; gain C) gain; are unaffected D) lose; lose E) gain; lose
Which of the following statements pertains to the four-firm concentration ratio? I. It is the percentage of the value of sales accounted for by the four largest firms in an industry. II
A high concentration ratio is indicative of a high degree of competition. III. The ratio is used to measure product differentiation. A) I only B) I, II only C) I, III only D) I, II, and III
Which of the following is true of property rights?
a. They are rights to use a public good without paying for it. b. They usually specify the owner's alternatives. c. The are associated with the exchange of commodities but not services. d. They are often open-ended and do not exhaustively specify the owner's alternatives.