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Author Question: The efficient level of pollution abatement is greater a. The higher the marginal social benefit of ... (Read 97 times)

beccaep

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The efficient level of pollution abatement is greater
 a. The higher the marginal social benefit of abatement function and the higher the marginal social benefit of abatement function.
  b. The higher the marginal social benefit of abatement function and the lower the marginal social benefit of abatement function.
  c. The lower the marginal social benefit of abatement function and the higher the marginal social benefit of abatement function.
  d. The lower the marginal social benefit of abatement function and the lower the marginal social benefit of abatement function.

Question 2

If the world price is above the domestic no-trade equilibrium price, then with international trade, the shortage caused in the domestic market can be met by foreign imports.
 a. True
  b. False
  Indicate whether the statement is true or false



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Ptupou85

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Answer to Question 1

b

Answer to Question 2

False




beccaep

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


Chelseyj.hasty

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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