Generating electricity creates air pollution. This industry, if left unregulated, will produce
A) more than the efficient level of output.
B) the efficient level of output.
C) less than the efficient level of output.
D) sometimes more and sometimes less than the efficient level of output.
A
Economics
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Which of the following is true of a used-car market?
A) Sellers have more information than the buyers. B) Gains from trade do not exist in this market. C) The cars sold are identical in quality. D) There is no consumer surplus in this market.
Economics
What is the difference between market income and money income? Which is more equally distributed?
What will be an ideal response?
Economics