What is marginal damage cost?
What will be an ideal response?
Marginal damage cost is the additional harm done by increasing the level of an externality-producing activity by one unit.
Economics
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When a tax of $1.00 per gallon is imposed on sellers of gasoline, the supply curve for gasoline shifts upward, but by less than $1.00
a. True b. False Indicate whether the statement is true or false
Economics
People may vote in a presidential election if
A) they feel it is their civic duty to vote. B) they believe their vote will matter. C) the costs of doing so are greater than the benefits received from voting. D) a or b E) a, b, or c
Economics