In the supply-and-demand diagram of the market for peanut butter, the equilibrium point has moved down and to the right. What could have caused this?

The costs and benefits of mercantilist policies on the colonies produced a ______ to the American colonies

a. small net benefit b. small net cost c. large net cost d. large net benefit

The marginal cost of pollution abatement is the

A. total social costs of pollution clean-up divided by total social benefits. B. additional benefit from cleaning up an additional unit of pollution. C. additional cost to clean up an additional unit of pollution. D. total social costs of pollution clean-up divided by the total units of clean-up.