Author Question: Marginal revenue product is obtained by multiplying the price of the product by the marginal ... (Read 44 times)

ss2343

  • Hero Member
  • *****
  • Posts: 548
Marginal revenue product is obtained by multiplying the price of the product by the marginal resource cost.
 a. True
  b. False

Question 2

Suppose environmental groups pressure the local government to reduce the number of pollution rights to be sold. Other things equal,
 a. pollution would not be affected
  b. the price of pollution rights would rise, and the amount of pollution would decrease
  c. the price of pollution rights would fall, and the amount of pollution would decrease
  d. the price of pollution rights would fall, and the amount of pollution would increase
  e. the price of pollution rights would rise, and the amount of pollution would increase



ankilker

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

For a complete list of videos, visit our video library