Regulations that strictly limit pollution
A. provide firms no incentives to reduce pollution once a standard is met.
B. provide no incentives for firms to discover loopholes in the regulations.
C. tend to be an economically efficient way to reduce pollution.
D. has been a simple way for some firms to reduce pollution to zero.
Answer: A
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Refer to Table 14-5. Does Henri have a dominant strategy? If yes, what is it?
A) Yes, Henri's dominant strategy is to not offer free pickup and delivery. B) Yes, Henri's dominant strategy is to offer free pickup and delivery. C) Yes, Henri's dominant strategy is to wait and see what Ming does first. D) No, Henri does not have a dominant strategy - his best outcome depends on what Ming does.
If people believe that prices are going to be higher in the future then they are today, they will
a. wait until the future to purchase the things they wand b. decrease their demand now c. increase their demand now d. increase their supply now e. save more today so they have the income to buy more in the future
The simultaneous import and export of goods in the same industry by a particular country is known as interindustry trade
a. True b. False Indicate whether the statement is true or false
Ceteris paribus, if Americans decide they want to drive more German-made cars, this causes the ________ German currency to ________.
A. demand for; decrease B. supply of; increase C. supply of; decrease D. demand for; increase