If with a small decrease in the price of a good, the quantity supplied falls to zero, the supply of the good is said to be:

If the pollution havens hypothesis is true, we should expect world pollution to decline as a result of international trade and globalization

Indicate whether the statement is true or false

Assume that the demand for paper products increases. Then, we expect that the

a. demand for trees will also increase. b. demand for trees will stay the same. c. demand for trees will decrease. d. effect on the demand for trees is uncertain; it depends on the elasticity of the demand for paper.