In the figure above, if the output is 180 tons per month, what is the marginal social cost of producing the pesticide?

During the early 1930s, the Fed was reluctant to rescue nonsolvent banks out of fear of encouraging:

A) moral hazard B) adverse selection C) bank run D) sovereign debt crisis

If the supply of health-care services is highly inelastic and larger government subsidies lead to an increase in the demand for the services,

a. the prices of health-care services will rise by only a small amount, but the quantity supplied will increase substantially. b. the prices of health-care services will rise substantially, but the quantity supplied will increase by only a small amount. c. both health-care prices and the quantity of the services supplied will increase substantially. d. the prices of health-care services will decline, but there will be only a small change in the quantity supplied.