An ideal pollution control policy:
a. would reduce pollution to zero
b. would reduce pollution to the socially efficient level.
c. discourage firms from wasting time developing abatement technologies.
d. reduce pollution as quickly as possible, regardless of the cost.
b
Economics
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The above figure shows the domestic market for tomatoes. Suppose this market is isolated from global competition and there is a support price set at $16. In this figure, what area equals the producer surplus?
A) area A + area B + area C B) area A + area F C) area B + area C + area D + area F D) area C + area D + area E + area G E) area F
Economics
How has the distribution of money income changed over time?
What will be an ideal response?
Economics