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Author Question: Explain why a producer who is causing external costs does not have the incentive to reduce these ... (Read 73 times)

jeatrice

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Explain why a producer who is causing external costs does not have the incentive to reduce these costs.
 
  What will be an ideal response?

Question 2

If the opportunity cost of producing a T-shirt is ________ in China than in the United States, China has ________ advantage in producing T-shirts.
 
  A) lower; a comparative
  B) lower; an absolute
  C) higher; a comparative
  D) higher; an absolute
  E) higher; no


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harveenkau8139

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jeatrice

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Reply 2 on: Jun 29, 2018
Excellent


TheNamesImani

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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