What is not true for a system of financial penalties for polluters?
A. Firms may be fined for pollution.
B. Firms might have to pay a tax for each unit of pollution created.
C. Firms would be encouraged to pollute less.
D. Firms are always guaranteed the permit to pollute.
Answer: D
Economics
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Something that motivates or encourages people to take an action is referred to as a(n)
A) utility. B) abstract. C) market. D) incentive.
Economics
Number of FigsVCMCAVCFCTCATC0???100??19090????2?????1353??80???4????400?
Table 5.4 presents the cost schedule for David's Figs. If David produces zero figs, David's total costs are:
A. $0. B. $90. C. $100. D. $130.
Economics