If there is pollution in producing a product, then the market equilibrium price
A) and equilibrium quantity are too low. B) and equilibrium quantity are too high.
C) is too low and equilibrium quantity is too high. D) is too high and equilibrium quantity is too low.
C
Economics
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An export subsidy helps reduce the selling price of a product by allowing individual producers to charge less and still cover all of their production costs
a. True b. False Indicate whether the statement is true or false
Economics
Assume that a college student spends her income on books and pizza. The price of a pizza is $8, and the price of a book is $15 . If she has $120 in income, she could choose to consume
a. 8 pizzas and 4 books. b. 4 pizzas and 6 books. c. 5 pizzas and 5 books. d. 2 pizzas and 7 books.
Economics