According to your text, controversies about negative externalities are almost always conflicts between the legitimate expectations of citizens and the
A) desire of individuals for greater profits.
B) desire of politicians to be reelected.
C) legitimate expectations of other citizens.
D) mindless urge for more material goods.
E) strident demands of environmentalists.
C
Economics
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The short run aggregate production function is subject to ________ if capital stock is increased, holding the total efficiency units of labor as constant
A) increasing returns to scale B) constant returns to scale C) decreasing returns to scale D) the Law of Diminishing Marginal Product
Economics
Tariffs are higher in agriculture than any other sector in most countries
Indicate whether the statement is true or false
Economics