It is efficient not to alter the amount of pollution produced by the market.
Answer the following statement true (T) or false (F)
False
You might also like to view...
Debt service
A. Is a discretionary component of the federal budget. B. Is a redistribution, so it does not entail opportunity costs. C. Does not cost the government because it can issue new debt. D. Refers to the annual interest payments on the debt.
The largest change in the unemployment rate from the beginning of a recession to the peak unemployment rate occurred during the recession beginning in:
A. 1980. B. 1973. C. 1929. D. 2007.
Which one of the following statements best describes the results of the Clean Air Act in the United States?
a. It has been successful at reducing levels of both criteria and toxic pollutants b. It has been unsuccessful at reducing levels of both criteria and toxic pollutants c. It has been successful in reducing levels of criteria pollutants, but levels of toxic pollutants have increased d. It has been successful in reducing levels of toxic pollutants, but levels of criteria pollutants have increased e. It is too early to judge whether the Clean Air Act has reduced pollution levels
Which of the following is TRUE?
A. If MC is above ATC, ATC must be increasing. B. The MC curve intersects AFC at its minimum point. C. If MC is below AVC, AVC must be increasing. D. none of these