A pollution tax penalizes inefficient firms
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
Strategic behavior is a result of the interdependence in decision making between firms
Indicate whether the statement is true or false
when the central bank buys gov securities it leads to
What will be an ideal response?
Which of the following is not a determinant of autonomous consumption?
A. Tax policy. B. Consumer confidence. C. Wealth. D. Technology.
If the marginal cost for the state of Montana to increase the speed limit on its interstate highways to 100 mph is estimated to be $500 per day, then Montana should increase the speed limit to 100 mph
A) only if the marginal benefit received each day is less than $500. B) as long as the marginal benefit received each day is just equal to or greater than $500. C) as long as the daily marginal cost is lower than it had been before the speed limit increase. D) unless the marginal benefit received falls to zero.