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.
c
Economics
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The cross-price elasticity of demand between Texaco gasoline and Mobil gasoline sold at the same intersection would be
a. positive b. negative c. 0 d. 1.0 e. -1.0
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Capital is a flow of resources into the production of investment goods
a. True b. False Indicate whether the statement is true or false
Economics