Technological change that makes it easier to produce in a "cleaner" fashion would cause
A) the marginal cost curve of pollution abatement to shift left, increasing the degree of air quality.
B) the marginal cost curve of pollution abatement to shift right, increasing the degree of air quality.
C) the marginal benefit curve of pollution abatement to shift right, increasing the degree of air quality.
D) the marginal benefit curve of pollution abatement to shift left, increasing the degree of air quality.
B
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Explain why the cross elasticity of demand for substitute goods is positive and the cross elasticity of demand for complements is negative
What will be an ideal response?
Inflation redistributes income to a greater extent when the inflation is unanticipated compared to when the inflation is anticipated
Indicate whether the statement is true or false