A trend shows

A) the degree of correlation between two variables.
B) the general tendency for a variable to rise or fall.
C) the scale used to measure to variables.
D) the increases in one variable.

B

Economics

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Economics

Sulfur Dioxide Discharged (Tons)Firm AFirm B10$8,000$9,000910,00012,000815,00018,000720,00027,000628,00037,000Table 16.3Table 16.3 shows the production cost for two utilities at different levels of sulfur dioxide emissions. Assume that the government issued 8 marketable pollution permits to each firm. If Firm A contemplates selling one permit to Firm B, what is Firm A's willingness to accept?

A. $3,000 B. $5,000 C. $6,000 D. $7,000

Economics