The key explanation for the prevalence of waterway pollution is

A. the inclusion in production of all costs involving use of the waterway.
B. that there are private costs but no costs to society.
C. that waterways are not private property and can be used free of charge.
D. that waterways are subject to the market’s normal control procedures.

Answer: C

Economics

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The long-run supply curve of a market for eggs is perfectly inelastic

Indicate whether the statement is true or false

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