In economics, the optimal level of pollution is the level for which the net benefit from reducing the pollution is the greatest
Indicate whether the statement is true or false
TRUE
Economics
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Entrepreneurs
A) and managers are found on the same organizational level. B) are usually found in small firms. C) are usually found in larger firms in order to access financial capital. D) are found in firms of all sizes.
Economics
For a firm in the long-run, an increase in the market wage rate will cause it to reduce the employment of labor. With fewer workers, the firm's marginal revenue product for capital
a. shifts downward leading the firm to use less capital. b. shifts upward leading the firm to use more capital. c. twists so that is becomes more elastic d. is not affected.
Economics