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Author Question: Resource price differentials that do not trigger the reallocation of resources are known as a. ... (Read 62 times)

yoroshambo

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on: Jun 30, 2018
Resource price differentials that do not trigger the reallocation of resources are known as
 a. temporary differentials
  b. market differentials
  c. conditional differentials
  d. permanent differentials
  e. sustainable differentials

Question 2

The optimal level of air quality
 a. is always zero
  b. occurs when the marginal social cost of air quality exceeds the marginal social benefit
  c. is greater if the marginal social benefit curve of air quality shifts rightward
  d. occurs when positive externalities are eliminated
  e. eliminates the common pool problem


Ksanderson1296

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

C


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