To achieve cost-effectiveness among options that satisfy the benefit objective
a. both PVB and PVC must be minimized
b. PVB must be minimized and PVC must be maximized
c. PVC must be minimized
d. none of the above
c. PVC must be minimized
You might also like to view...
Holding other factors constant, a decrease in the tax for producing cars causes
a. The supply curve to shift to the left, causing the prices of coffee to rise b. The supply curve to shift to the right, causing the prices of coffee to rise c. The supply curve to shift to the left, causing the prices of coffee to fall d. The supply curve to shift to the right, causing the prices of coffee to fall
Which of the following is not a common resource?
a. elephants in the wild b. a narrow trail in a park c. a neighborhood garden d. Neither a nor b is a common resource.
Savings and investment are equal:
A. at the equilibrium in the market for loanable funds. B. when banks operate according to banking regulations. C. because banks regulate their flow. D. at an interest rate set by the Fed.
Describe the policies a nation would follow to correct a current account deficit. What are the primary purposes of each type of policy?
What will be an ideal response?