Consider a situation in which a factory emits high levels of air pollution and the factory is not liable for the damages its pollution causes. According to the Coase theorem, government action is ________ to achieve an ________ amount of pollution

There are currently N identical firms in a market. If it is a perfectly competitive market, the short-run market supply curve at any given price is

A) N times the supply of an individual firm. B) N - 1 times the supply of an individual firm. C) N plus the supply of an individual firm. D) It cannot be determined from the information provided.

John Maynard Keynes listed three types of motives for people holding money?transactions, precautionary, and speculative

a. True b. False Indicate whether the statement is true or false