This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A competitive, unregulated market would A) produce too much pollution because pollution is an ... (Read 17 times)

luminitza

  • Hero Member
  • *****
  • Posts: 555
on: Jun 29, 2018
A competitive, unregulated market would
 
  A) produce too much pollution because pollution is an external cost.
  B) produce too little education because education has an external benefit.
  C) fail to achieve equilibrium if there are externalities present.
  D) Both answers A and B are correct.
  E) Both answers B and C are correct.

Question 2

Explain whether the statement, There is life on Mars, is a normative or positive statement.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

momo1250

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

The statement is a positive statement because it does not depend on a value judgment. Instead, it is a statement that tries to describe what is and hence is testable. Of course, in order to test the assertion, it would be necessary to go to Mars to ascertain if there is life present. While it is difficult () at present to actually carry out the test, nonetheless the statement is testable and hence is a positive statement.


luminitza

  • Member
  • Posts: 555
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

blakcmamba

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Excellent

« previous next »
 

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?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Basidiomycetes produce diverse fruiting bodies. Basidiomycetes produce diverse fruiting bodies.
Norway lobsters on sale at a Spanish market Norway lobsters on sale at a Spanish market
Durkheim believed that modern societies produce feelings of isolation, much of which come from the ... Durkheim believed that modern societies produce feelings of isolation, much of which come from the ...
Examples of the most common X-ray positions and the images they produce. Examples of the most common X-ray positions and the images they produce.
Examples of the most common X-ray positions and the images they produce. Examples of the most common X-ray positions and the images they produce.
A Fischer-Tropsch processing plant is able to produce a variety of fuels from coal. A Fischer-Tropsch processing plant is able to produce a variety of fuels from coal.
Video: Mitochondrial Structure & ETC Protein Complexes (Protein Complexes and Electron Transport)

For a complete list of videos, visit our video library