Suppose a firm wants to build a new factory that would add pollution to an already polluted area. Under an offset program, the firm must:
a. install scrubbers and other government-mandated equipment.
b. purchase pollution permits from the government.
c. reduce or eliminate an old pollution source in the area.
d. pay a tax which depends on the amount of pollution created.
c
Economics
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Price discrimination exists when
A) a firm charges different buyers different prices for its product but the costs are the same. B) each buyer is treated equally. C) sales are made below cost. D) a firm charges each buyer a price of the product in proportion to its costs.
Economics
Which of following is responsible for investigating fraudulent advertising?
a. Federal Reserve b. Bureau of Standards c. Federal Trade Commission d. Department of Justice.
Economics