If a good that generates negative externalities were priced to take these negative externalities into account, then its:
A. Price would decrease and its output would increase
B. Output would increase but its price would remain constant
C. Price would increase and its output would decrease
D. Price would increase but its output would remain constant
C. Price would increase and its output would decrease
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In the United States, money supply is most commonly referred to as ________
A) M1 B) M2 C) M3 D) M4
The town of Marshall's Boy Scout Troop 1099 decreased car parking prices at the Celebrate Marshall Festival and found they made higher profits. This likely occurred because
a. marginal cost was equal to marginal revenue b. marginal revenue was higher than marginal cost c. marginal revenue was less than marginal cost d. demand was inelastic e. marginal revenue was increasing