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Author Question: As the price paid to a resource increases, a. the supply of that resource will increase in the ... (Read 93 times)

bcretired

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on: Jun 30, 2018
As the price paid to a resource increases,
 a. the supply of that resource will increase in the resource market
  b. the supply of that resource will decrease in the resource market
  c. resources will shift from other resource markets to this one
  d. resources will shift from this resource market to others
  e. resource usage will be unaffected

Question 2

As more pollution is abated, the marginal social benefit from further abatement diminishes.
 a. True
  b. False


ms_sulzle

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

C

Answer to Question 2

A


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