Recall the Application about reducing pollution generated from international shipping to answer the following question(s).Recall the Application. Of the following CO2 reduction methods for international shipping, which has the lowest marginal abatement cost (MAC)?

A. weather-sensitive routing
B. switching from diesel to gas-powered engines
C. reducing speed and increasing fleet size
D. installing fixed sails and wings

Answer: A

Economics

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An English auction ends when ________

A) no bidder is willing to bid any higher B) a bidder accepts the price announced by the auctioneer C) a bidder bids above the market price of the good D) a bidder bids below the starting bid

Economics

The attribute that distinguishes money from other assets is that only money

A) retains its value during times of inflation. B) is counted in determining the size of an individual's wealth. C) serves as a medium of exchange. D) may be used as collateral for a bank loan.

Economics