Incentive-based regulations provide polluters no incentive to reduce pollution and are thus not used often.
A. True
B. False
C. Uncertain
B. False
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Output prices are irrelevant for a firm as it is calculating its cost curves.
Answer the following statement true (T) or false (F)
Refer to the above table. The table represents information on the costs for Ajax Corporation. Ajax operates in a perfectly competitive market and the price of the product is $7. What will be the value of total revenue when quantity sold equals 2?
A) $7 B) $14 C) $21 D) $16
Fiscal policy involves which of the following?
A. interest rates B. changing the amount of money in circulation C. tax policy D. all of these
If Teresa purchases a share of stock for $15 and three years later sells it for $60, she will realize a
A. capital gain of $45. B. dividend of $60. C. capital gain of $60. D. dividend of $45.