In order to reduce pollution, the government can use all of the following except:
A.) Income transfers.
B.) Emissions charges.
C.) Forced recycling.
D.) Regulatory standards
A.) Income transfers.
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A higher rent ________ lead to an increase in the quantity of land supplied.
A. will definitely B. will probably C. may D. will not
A Chinese purchase of an American Boeing aircraft is recorded in the U.S. balance of payments as a:
A. positive entry in the financial and capital account. B. positive entry in the current account. C. negative entry in the financial and capital account. D. negative entry in the current account.
A monopolistically competitive firm earning profits in the short run will find the demand for its product decreasing and becoming more elastic in the long run as new firms move into the industry until
A) the original firm is driven into bankruptcy. B) the firm's demand curve is perfectly elastic. C) the firm's demand curve is tangent to its average total cost curve. D) the firm exits the market.
What is the relationship between the marginal social benefit curve and the market demand curve. Explain
What will be an ideal response?