Most of our environmental problems exist because of
a. a lack of enforced and easily traded property rights.
b. consumer ignorance.
c. profit maximization on the part of business firms.
d. the failure of political officials to regulate business activities.
A
Economics
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Unlike demand, the longer the time suppliers have to respond to a change in price, the less elastic is the supply curve
a. True b. False Indicate whether the statement is true or false
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