If demand is perfectly inelastic
A) then a 1 increase in price leads to a fall in quantity of greater than 1.
B) then a 1 increase in price leads to a fall in quantity of less than 1.
C) then a 1 increase in prices then quantity demanded falls to zero.
D) then a 1 increase in price has no effect on quantity demanded.
Question 2
If the government wanted to efficiently limit the emission of carbon monoxide by all firms to exactly 4 million tons it could
A) issue rights to pollute worth 4 million tons and let the firms trade those rights in a market.
B) appeal to firms' environmental conscience to pollute less.
C) subsidize production.
D) rely on the Coase Theorem.
Primary production increases with an increase in total phosphorus concentration.
Fall
Fall Velocity of Water Drops
Marginal Supply - Demand Curve
Increase in Obesity among U.S. Children and Adolescents
A land snail (Helix aspersa) with the opening that leads to its lung visible at the left.