This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following happens when a Pigouvian subsidy is provided? A) The marginal social cost ... (Read 14 times)

imanialler

  • Hero Member
  • *****
  • Posts: 539
on: Jun 29, 2018
Which of the following happens when a Pigouvian subsidy is provided?
 
  A) The marginal social cost curve shifts upward.
  B) The marginal private cost curve shifts downward.
  C) The marginal social benefit curve shifts downward.
  D) The marginal private benefit curve shifts upward.

Question 2

Other things remaining the same, which of the following is likely to happen if an industry introduces labor-saving technology in production?
 
  A) There will be a decrease in both the wage rate and the employment levels in the industry.
  B) There will be a rise in both the wage rate and the employment levels in the industry.
  C) There will be a rise in the wage rate and a decrease in the employment levels in the industry.
  D) There will be a decrease in the wage rate and a rise in the employment levels in the industry.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jordangronback

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


imanialler

  • Member
  • Posts: 539
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

strudel15

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Ethics in social research are of vital concern to sociologists. As discussed in the text, ... Ethics in social research are of vital concern to sociologists. As discussed in the text, ...
Vienna: Social Structure and Social Interaction Vienna: Social Structure and Social Interaction
Economic and Social Development Economic and Social Development
Measuring Social Development Measuring Social Development
Social Conditions in China Social Conditions in China
Social Media Dependency Activity Social Media Dependency Activity
Video: How antibiotics works? 💊

For a complete list of videos, visit our video library