The U.S. capital market raises investment finance mainly through

The above figure shows the demand and cost curves for a firm in ________ in the ________

A) perfect competition; short run B) monopolistic competition; long run C) perfect competition; long run D) monopolistic competition; short run

Factory A can reduce emissions at a cost of $400 per ton. Factory B can reduce emissions at a cost of $100 per ton. In a system in which the government issues transferable pollution right at a price of $200 per ton:

a. Factory A can profit from selling its pollution rights to Factory B. b. Neither firm can profit from selling its pollution rights to the other. c. Factory B can profit from selling its pollution rights to Factory A. d. Both firms have an incentive to sell pollution rights.