Which of the following is a characteristic that might affect the efficiency (marginal costs and marginal benefits) of a recycling market?
a. Geography
b. Vehicle-miles traveled
c. Population density
d. The mix or composition, weight, and volume of the material stream supplied to the secondary market
e. All of the above.
Ans: e. All of the above.
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Prior to the health care reforms passed in 2010, about ________ of all Americans had no health insurance
A) 2% B) 5% C) 15% D) 40%
The regulation of the prices charged by insurance companies is known as
A) the Federal Register. B) social regulation. C) the market share test. D) economic regulation.
The alternative combinations of two goods that a consumer can purchase with a specific money income is shown by:
A. a production possibilities curve. B. a demand curve. C. a consumer expenditure line. D. a budget line.
Suppose that in the market for paper, demand is p = 100 - Q. The private marginal cost is MCp = 10 + Q. Pollution generated during the production process creates external marginal harm equal to MCe = Q. What specific tax would result in a competitive market producing the socially optimal quantity of paper?
What will be an ideal response?