Monopolies do not last in the long-run

Indicate whether the statement is true or false

False

Economics

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Suppose Factory A emits 15,000 units of "Yuck" monthly, Factory B emits 30,000 units, and Factory C emits 45,000 units. Also suppose A's cost of reducing the emission is $1 per unit, B's cost is $2 per unit, and C's cost is $3 per unit

If the EPA prohibits any factory from emitting more than 15,000 units of yuck per month, what would be the total cleanup cost? A) $15,000 B) $40,000 C) $45,000 D) $90,000 E) $120,000

Economics

The greater your discount weight, the more your current decisions are driven by the future consequences of your actions. Do you agree? Explain

What will be an ideal response?

Economics