Refer to the above figure. The marginal cost of pollution abatement is curve
A. (1).
B. (2).
C. (3).
D. (4).
Answer: B
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Refer to the scenario above. Beth should use ________ to win this game
A) a mixed strategy B) forward induction C) backward induction D) her dominant strategy
A shift occurs in the supply curve for salt when:
a. the price of salt increases. b. improvements are made in the production process. c. salt is found to be associated with high blood pressure. d. consumers expect the price of salt to increase in the future.
A reduction in U.S net exports would shift U.S. aggregate demand
a. rightward. In an attempt to stabilize the economy, the government could increase expenditures. b. rightward. In an attempt to stabilize the economy, the government could decrease expenditures. c. leftward. In an attempt to stabilize the economy, the government could increase expenditures. d. leftward. In an attempt to stabilize the economy, the government could decrease expenditures.
When is a demand curve smooth?
a. when there are no consumers b. when there are few consumers c. when there is one consumer d. when there are many consumers