The most prevalent type of damage associated with hazardous waste sites is

a. water and soil contamination
b. loss of livestock
c. fish kills
d. air pollution


a. water and soil contamination

Economics

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Donnie's Donuts incurs $450,000 per year in explicit costs and $200,000 in implicit costs. The bakery earns $800,000 in revenues and has $2 million in net worth. Based on this information, what is the economic profit for Donnie's Donuts?

A) $150,000 B) $350,000 C) $600,000 D) $1.2 million

Economics

The Justice Department is most likely to oppose a proposed merger on the basis of the Herfindahl-Hirschman Index when the post-merger HHI is:

A) less than 100. B) less than 1000. C) between 1000 and 1800. D) greater than 1800.

Economics

A monopolist maximizes total revenue

a. True b. False Indicate whether the statement is true or false

Economics

A possible solution to the network externality problem is the government limiting the size of networks

a. True b. False Indicate whether the statement is true or false

Economics