Author Question: People always face trade-offs because A) they always have more than one use for their time and ... (Read 155 times)

lunatika

  • Hero Member
  • *****
  • Posts: 548
People always face trade-offs because
 
  A) they always have more than one use for their time and money.
  B) they buy goods with money.
  C) trading takes place in a market economy.
  D) they can make themselves better off through trade.

Question 2

The purpose of an effluent fee is to
 
  A) reduce the amount produced of a good and to raise the market price.
  B) correct for pollution while keeping the price of the good the same as before the correction.
  C) reward people producing externalities.
  D) encourage producers to keep the quantity produced the same while lowering the price.



yifu223

  • Sr. Member
  • ****
  • Posts: 302
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

For a complete list of videos, visit our video library