Acquiring a firm that sells a substitute good will

In theory the market's willingness-to-pay (WTP) should be equal to the market's willingness-to-accept (WTA). In other words, if you are willing-to-pay $1 for an incremental improvement in tap water quality, then you should be willing-to-accept $1 for an incremental decrease in tap water quality. In practice, however, the two are often estimated to be unequal. Which of the following helps to explain this disparity?

a. the WTA/WTP disparity b. the endowment effect c. benefit transfer d. value of statistical life e. cost-benefit analysis f. expected value g. risk and uncertainty h. None of the above.

A fall in the price level produces a ________ the aggregate supply curve

A) rightward shift of B) movement upward along C) rightward shift of the aggregate supply curve and a movement downward along D) movement downward along E) leftward shift of