Which price structure would tend to most effectively promote water conservation?
a. Uniform block structure
b. Constant price structure
c. Increasing block structure
d. Decreasing block structure
e. Marginal price structure
Ans: c. Increasing block structure
Economics
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The table above shows four methods for producing 10 computer desks a day. If the cost of a worker is $50 a day and the cost of capital is $150 a day, ________ economically efficient
A) method A is B) method B is C) method D is D) method A or C is
Economics
Which of the following is likely to have the shortest transmission lag?
A) a change in personal income tax rates B) a change in government expenditures C) an increase in subsidies paid to firms D) an increase in public-service employment
Economics