When there is a recessionary gap, capital and labor resources are:

The above table gives techniques that Fatz confectionery can use to produce 2,000 pounds of candy

If the cost of capital is $20 per unit and the cost of labor is $40 per unit, the economically efficient technique for producing 2000 pounds of candy is A) A. B) B. C) C. D) D.

In setting an obligatory control on a polluting industry, the government

a. places a tax on the pollution b. creates pollution permits which could be sold on the open market c. creates private property rights for air d. establishes a limit on the amount of pollution a producer is permitted to emit e. offers a subsidy to the polluting firm