Externalities are commonly generated from
a. purely competitive retail industries.
b. modern computer technologies.
c. ordinary consumption and production activities.
d. benefits from further pollution abatement, which are zero.
c
Economics
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Holding supply constant, an increase in demand leads to
A) lower prices and higher quantity supplied. B) lower prices and lower quantity supplied. C) higher prices and higher quantity supplied. D) higher prices and lower quantity supplied.
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A sole proprietorship is
A) the easiest type of business to set up. B) the most difficult type of business to set up. C) the most expensive type of business to set up. D) the least profitable type of business to set up.
Economics