Which of the following are among the effects of exposure to SO2 and NOX?
a. visibility impairment c. forest damage
b. acidification of surface waters d. all of the above
d. all of the above
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When a rent-seeking equilibrium is reached, the
A) economic profit is maximized. B) economic profit is eliminated by legislation. C) economic profit is eliminated. D) consumer surplus is greater than without rent seeking. E) consumer surplus is eliminated.
Internal improvements are important to a developing and growing economy
Indicate whether the statement is true or false
For a monopolist, if marginal revenue is $40, total revenue is
a. increasing b. decreasing c. zero d. positive e. negative
The demand for loanable funds comes from saving and the supply of loanable funds comes from investment
a. True b. False Indicate whether the statement is true or false