Taxes on polluting firms have
a. been tried, but not successfully.
b. been successful in Germany in reducing water pollution.
c. resulted in bankruptcy of the affected firms.
d. never been tried to see if they work.
b
Economics
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All of the following are true for both competition and monopolistic competition in the long run, except one of them. Which is it?
a. P = MC b. P = AC c. Economic profits become zero in the long-run d. The barriers to entry and exit are relatively easy e. None of the above is an exception
Economics
_____ constraints refer to your limited ability to process valuable information
a. Ethical b. Informational c. Physical d. Psychological
Economics