Explain why the optimal amount of pollution is often not zero
What will be an ideal response?
The optimal amount of pollution occurs when the production decision includes the cost of pollution. Some pollution may exist with the optimal level of production because although pollution is harmful, production of goods is beneficial. A trade-off between the harm of pollution and the benefits of production leads to some pollution.
Economics
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If households believe their incomes will fall in the future, the result is a
A) rightward shift in the supply of loanable funds curve. B) leftward shift in the supply of loanable funds curve. C) movement along the supply of loanable funds curve. D) movement along the demand for loanable funds curve.
Economics
Referring to Table 4.2, Box N should be filled with 
A. $20. B. $10. C. $30. D. $0.
Economics