Why would a firm continue to pollute even when it is fined (taxed) for doing so?
What will be an ideal response?
A firm may find it more profitable to pay the tax and continue polluting if its revenues from selling its product are sufficient to cover the cost of the resources used and to compensate the damaged parties fully.
Economics
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SW also ranked ___ among big airlines in baggage handling.
Fill in the blank(s) with the appropriate word(s).
Economics
In the Mundell-Fleming model with a floating exchange rate and perfect capital mobility, expansionary fiscal policy does all of the following EXCEPT:
a. increase interest rates. b. increase income. c. increase the IS curve. d. increase inflation.
Economics