The law of increasing costs states that the opportunity cost of producing a good increases as more of the good is produced

The advantage of imposing a tax on the producer that generates pollution is that

A) it will eliminate pollution. B) the government can keep tabs on exactly what is produced in an industry. C) a producer can pass the cost of pollution to the victims of the pollution. D) it forces the polluting producer to internalize the external cost of the pollution.

Macroeconomics focuses on a certain set of variables called

A) micros. B) marginals. C) partials. D) balances. E) aggregates.