If electric utilities continually reduce their emissions of sulfur dioxide
A) the utilities will eventually be forced to go out of business.
B) the marginal cost of further emissions will rise.
C) the marginal benefit of additional emissions will rise.
D) the total benefit of sulfur dioxide emissions will fall.
B
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Government payment of a per-unit subsidy for medical care causes the out-of-pocket price that consumers pay for care to be
A) less than the price that producers receive for providing care. B) greater than the price that producers receive for providing care. C) greater than the market clearing price without the subsidy. D) equal to zero.
The principle of Economic Darwinism implies that:
A. publicly traded corporations have evolved unsuccessfully through the competitive process but will be here to stay and flourish. B. publicly traded corporations have evolved unsuccessfully through the competitive process and are not here to stay and flourish. C. publicly traded corporations have evolved successfully through the competitive process but they are not here to stay and flourish. D. publicly traded corporations have evolved successfully through the competitive process and are here to stay and flourish.