Suppose a state discovered chemical compounds in their water. The source of these chemicals is the waste discharges of industrial plants in another state. This is an example of a(n):
a. market failure where the market price of the output of these industrial plants does not fully reflect the social cost of producing these goods.
b. external cost imposed by the industrial plants of another state.
c. externality where the marginal social costs of producing these industrial goods differ from the marginal private costs.
d. all of these.
Question 2
Banks act as financial intermediaries by:
a. bringing together car buyers and auto dealers.
b. bringing together real estate brokers and home buyers.
c. printing money for all to use.
d. serving the credit needs of borrowers and the security needs of savers.
e. selling shares of stock to investors.
A hypothetical scenario illustrating the process of chemical selection
Spanish water dog (Perro de agua español).
Chemical structures of ester and amide local anesthetics
Young adults increase in self-esteem between the ages of 18 and 25, according to this longitudinal s
Four essential organic compounds
When lithium chloride, LiCl, dissolves in water, which of the following is forme