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 46 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
Wow, this really help

okolip

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Long-term studies of the Glanville fritillary butterfly, Melitaea cinxia, have provided exceptional Long-term studies of the Glanville fritillary butterfly, Melitaea cinxia, have provided exceptional
Eating is a nutritional as well as a social time Eating is a nutritional as well as a social time
Religion can promote social change, as was evident in the U.S. civil rights movement. Dr. Martin ... Religion can promote social change, as was evident in the U.S. civil rights movement. Dr. Martin ...
Economic and Social Development Economic and Social Development
Infant formula is available in several forms and varies in cost and ingredients Infant formula is available in several forms and varies in cost and ingredients
Social scientists have not done well at devising theories to explain lovely romantic moments Social scientists have not done well at devising theories to explain lovely romantic moments
Video: Introduction to Pre-eclampsia

For a complete list of videos, visit our video library