An increase in pollution has caused a permanent increase in the rate of capital depreciation. This would cause
A) an increase in the capital—labor ratio.
B) output per worker to fall.
C) a decline in consumption per worker.
D) the capital—labor ratio to be unaffected.
B
Economics
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The scalping of tickets for an event is a sign that the stated price on the ticket is:
A. Equal to the quantity demanded B. Equal to the market clearing price C. Below the market clearing price D. Above the market clearing price
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The amount that must be paid to an individual to get them to invest in the industry is
A) a normal rate of return. B) the explicit costs. C) reinvestment. D) financial capital.
Economics