If an average cost pricing rule is imposed on the firm in the figure above, the consumer surplus will be

Explain the difference between a negative production externality and a negative consumption externality

What will be an ideal response?

In the period from 1996-2000 . the United States economy experienced the unusual combination of

a. high unemployment and high inflation. b. high unemployment and low inflation. c. low unemployment and high inflation. d. low unemployment and low inflation.