Supply and demand analysis
A. can be used to understand solutions to pollution, but not causes.
B. can be used to analyze how externalities lead to environmental problems.
C. cannot be used to analyze pollution, which is a physical and chemical problem.
D. cannot be used to solve the pollution problem, but can be used to analyze it.
Answer: B
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_______ refers to how quickly, easily, and reliably an asset can be converted into cash.
a) Barter b) Fiat money c) Unit of account d) Liquidity
As the corporation uses more debt financing, which of the following holds true for the stockholders?
A. The expected return to the stockholders increases and the standard deviation of the return increases. B. The expected return to the stockholders decreases and the standard deviation of that return decreases. C. The expected return to the stockholders increases and the standard deviation of the return decreases. D. The expected return to the stockholders decreases and the standard deviation of the return increases.
Emission charges, user fees, and pollution fines increase the ________ of polluting.
A. external costs B. opportunity cost C. market failure D. optimal rate
Refer to the given diagram and assumptions. If migration is costless and unimpeded, the average level of wages will:
(1) The demand for labor in Alphania and Betania are as shown by D A and D B ,
respectively; (2) Alphania's native labor force is F and that of Betania is g; (3) wage L in Alphania is equal to wage m in Betania; and (4) full employment exists in both countries.
A. decrease in Betania but remain unchanged in Alphania.
B. increase in Alphania but remain unchanged in Betania.
C. increase in Alphania and decrease in Betania.
D. increase in Betania and decrease in Alphania.