Which of the following is a characteristic that might affect the efficiency (marginal costs and marginal benefits) of a recycling market?
a. Geography
b. Vehicle-miles traveled
c. Population density
d. The mix or composition, weight, and volume of the material stream supplied to the secondary market
e. All of the above.
Ans: e. All of the above.
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Countries gain from specializing in producing goods in which they have ________ and trading for goods in which other countries have ________
A) a comparative advantage; an absolute advantage B) an absolute advantage; an absolute advantage C) an absolute advantage; a comparative advantage D) a comparative advantage; a comparative advantage
Supply describes how much of something producers:
A. are willing and able to buy under certain circumstances. B. want to sell under certain circumstances, although they may not be able to. C. are willing and able to offer for sale at varies prices under given circumstances. D. want to offer for sale under certain circumstances, although they may not be willing to.