Where pollution is prevalent, we might expect that
a. externalities are being effectively internalized
b. marginal social costs are greater than marginal private costs
c. marginal costs are greater than marginal benefits
d. marginal private costs are greater than marginal social costs
e. externalities are not important
B
You might also like to view...
All of the following is likely to increase the supply of U.S. dollars in the forex market except?
A. If U.S. consumers prefer foreign goods to U.S. goods B. If investors' confidence in US investments increases. C. If investors' confidence in foreign economies increases D. If U.S. interest rates are low relative to foreign interest rates
Many economists ________ protectionism because it ________ consumers and ________ jobs in domestic industries that use protected products
A) support; benefits; creates
B) criticize; unfairly rewards; relocates
C) criticize; causes losses to; eliminates
D) support; lowers prices for; raises wages for
The "Okies" were associated with each of these EXCEPT
A. the Dust Bowl. B. John Steinbeck's The Grapes of Wrath. C. the Great Depression. D. the rust belt.
Concerning an investment project which of the following is TRUE?
A) A risk-neutral individual is more likely to invest than a risk-averse individual. B) A risk-neutral individual is more likely to invest than a risk-loving individual. C) A risk-neutral individual is less likely to invest than a risk-averse individual. D) Not enough information is given.