If the rivers, lakes and air in the United States could all be privately owned, then:
a. there would be less pollution
b. costs of production for many firms would rise.
c. externalities would be internalized.
d. all of the above are correct.
d
Economics
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In Atlanta, tickets for professional and college football games are substitutes. An increase in the ticket price for professional football, other things being equal, will
a. increase the demand for college football tickets. b. decrease the demand for college football tickets. c. not change the demand for college football tickets. d. decrease the demand for professional football games.
Economics
Which of the following is most likely to be a monopolistically competitive firm?
A. a municipal water district B. a soybean farmer C. a fast food restaurant D. a lettuce farmer
Economics