If a system of emission charges forces firms to internalize all external costs:
A.) Relative prices of polluting activities will rise.
B.) The elimination of externalities will fully compensate for any excessive market power.
C.) The elimination of externalities will allow greater production of all goods and services.
D.) Pollution will increase.
A.) Relative prices of polluting activities will rise.
You might also like to view...
About ________________ of all Americans volunteer each year in the non-profit sector
a. one-tenth b. one-quarter c. one-half d. 90%
A __________ card can store a certain value of money on the card and then be used to make purchases.
a. smart b. debit c. credit d. savings
The basic concept behind strategic trade policy is that free trade is the best policy to pursue, but some countries don't play by those rules. Therefore,
a. it makes no sense to engage in trade at all, and it makes sense to be self-sufficient. b. it makes sense to restrict imports of items that are of military significance in order to maintain a strong defense posture. c. it makes sense to threaten to protect markets unless other nations agree to open theirs. d. it makes no sense to export items of strategic importance to other nations, because they should make them on their own.
When a new Walmart comes to a city, ________ percent of sales at the Walmart would not have occurred in the city.
A. five to ten B. twenty to thirty C. one to two D. forty to fifty