A government policy that charges coal producers a fee per ton of coal produced (an "effluent charge"), where the fee is determined by the amount of pollutants discharged into the air or water, will lead to a(n):

a. decrease in the market equilibrium quantity of coal produced.
b. decrease in the market equilibrium price of coal.
c. increase in the market equilibrium price of coal.
d. a and c are correct.

d

Economics

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Refer to Table 5.1. What is Hector's opportunity cost of producing one bracelet?

A) 1/5 of a tiara B) 1.5 tiaras C) 5 tiaras D) 6 tiaras

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The paradox of thrift says that the more people try to save, the more

a. income rises, causing saving to rise more than intended b. consumption falls, causing saving to rise by more than intended c. consumption rises, causing saving to fall d. income falls, causing saving to remain unchanged or even fall e. income rises, causing saving to fall

Economics