A guarded barbed wire fence separates East and West Bovinia. Soccer players are paid twice as much in West Bovinia as in East Bovinia. This is an example of
a. inelastic supply
b. a temporary resource price differential
c. a permanent resource price differential
d. diminishing marginal revenue product
e. economic rent
Question 2
Depletion of tropical rainforests is an example of
a. a negative externality
b. the use of variable technology
c. adverse selection
d. the use of fixed technology
e. a clearly defined property right
Sceloporus undulates, the eastern fence lizard, is one of the most widely distributed lizard species
The grey nurse shark is critically endangered on the Australian east coast.
A maneless male lion, who also has little body hair - from Tsavo East National Park, Kenya
The Asiatic lion, whose habitat once ranged from the Mediterranean to north-west Indian subcontinent
West and East Antarctic Ice Sheet
A wave whose wavelength is 0.500 m is traveling down a 500-m long wire whose total mass is 25 ...