If the government has enough knowledge about a market and the damage it causes through pollution, it can force the socially optimal output
A) through an emission fee.
B) using a ban on pollution.
C) by deregulating to eliminate the monopoly.
D) All of the above.
A
Economics
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Orange juice and grapefruit juice are likely to be
A. inferior goods. B. substitutes for one another. C. complementary to one another. D. all of the above.
Economics
(Table: Firm's Willingness) Look at the table Firm's Willingness. If the price of a report is $12, what is the value of producer surplus for the firm?
A) $42 B) $16 C) $27 D) $21
Economics