Which of the following policies is the government most inclined to use when faced with a positive externality?

a. taxation
b. permits
c. subsidies
d. usage fees

c

Economics

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Robinson Crusoe divides his time between catching fish and gathering fruit. Part of his production possibilities frontier is given in the above table. If Mr

Crusoe is on his PPF and he increases the amount of fruit he gathers from 56 to 90 pounds, the opportunity cost is A) 34 pounds of fruit. B) 90 pounds of fruit. C) 17 pounds of fish. D) 37 pounds of fish. E) 31 pounds of fish.

Economics

Between 1821 and 1930, the U.S. gained a comparative advantage in the production of agricultural goods

Indicate whether the statement is true or false

Economics