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Author Question: Suppose a firm produces pollution when it generates electricity. The cost of the pollution is called ... (Read 40 times)

scienceeasy

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Suppose a firm produces pollution when it generates electricity. The cost of the pollution is called the
 
  A) marginal cost.
  B) marginal private cost.
  C) marginal external cost.
  D) marginal social cost.

Question 2

Which school of thought believes that recessions are the result of inappropriate monetary policy?
 
  A) only classical
  B) only Keynesian
  C) Monetarist
  D) both Keynesian and classical



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robbielu01

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Answer to Question 1

C

Answer to Question 2

C





 

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