Author Question: As the price paid to a resource increases, a. the supply of that resource will increase in the ... (Read 80 times)

bcretired

  • Hero Member
  • *****
  • Posts: 525
As the price paid to a resource increases,
 a. the supply of that resource will increase in the resource market
  b. the supply of that resource will decrease in the resource market
  c. resources will shift from other resource markets to this one
  d. resources will shift from this resource market to others
  e. resource usage will be unaffected

Question 2

As more pollution is abated, the marginal social benefit from further abatement diminishes.
 a. True
  b. False



ms_sulzle

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

For a complete list of videos, visit our video library