Command-and-control policies are desirable because their tough pollution reduction targets force firms to develop new technologies to survive.

Answer the following statement true (T) or false (F)


False

Economics

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How is the market demand schedule derived from individual demand schedules? How does the market demand curve differ from an individual demand curve?

What will be an ideal response?

Economics

     Exhibit 3-8  Demand and Supply Data for Video Games ? Price Quantity Demanded of Video Games Quantity Supplied of Video Games $75 400 900 70 450 850 65 500 800 60 550 750 55 600 700 50 650 650 45 700 600 40 750 550 ? In Exhibit 3-8, at any market price of video games above $50, a(n) ______________ would result, causing price to __________.     

A. excess demand; rise B. excess supply; rise C. excess demand; fall D. excess supply; fall

Economics

If a coalition D is decisive over a pair of social outcomes (x,y) under a social choice process that satisfies Arrow's axioms, then another coalition C (that differs from D) cannot be decisive over a different pair (a,b) of social outcomes.

Answer the following statement true (T) or false (F)

Economics

What is the role of profits in the neoclassical growth theory versus the new growth theory?

What will be an ideal response?

Economics