When pollution problems arise from a sudden crisis, pollution taxes are a useful form of control

A consumer buys food (F) and shelter (S). If the consumer's income rises and there is no change in the prices of F or S, the marginal rate of transformation of F for S will

A) increase. B) decrease. C) stay the same. D) change, but there is not enough information to know how.

In the short run, the monopolistic competitive firm will charge a price equal to marginal cost

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