If the government regulates the market in the above figure in a way to achieve efficiency, then ________ vaccinations will be produced and consumed
A) 0
B) 30 thousand
C) 50 thousand
D) None of the above answers is correct.
C
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A pollution tax internalizes the costs of pollution a firm is imposing on others.
Answer the following statement true (T) or false (F)
Recall the Application about finding estimates of elasticities of demand to answer the following question(s).According to the Application, the regular price elasticities of demand found at www.ers.usda.gov are reported as:
A. positive numbers. B. negative numbers. C. dollars per unit of foreign currency. D. foreign currency units per dollar.
The change in capital stock in a period is equal to
A. the ratio of the amount of the capital at the beginning of the period to the amount of depreciation. B. the amount of the capital at the beginning of the period minus net investment. C. the amount of the capital stock at the beginning of the period plus gross investment minus depreciation. D. the amount of the capital at the beginning of the period plus gross investment.
In one year in the country of Countem, workers earned $4150, proprietor's income was $392, rental income was $20, corporate profits were $683, net interest was $228, taxes on production and imports were $329, business current transfer payments were $12, the current surplus of government enterprises was $3, statistical discrepancy was $28, consumption of fixed capital was $882, factor income received from the rest of the world was $331, and payments of factor income to the rest of the world was $623. Based on these data, compute national income, net national product, gross national product, and gross domestic product.
What will be an ideal response?