Author Question: Two cities A&B are deciding upon joint pollution laws. Right now they both face identical prices ... (Read 120 times)

littleanan

  • Hero Member
  • *****
  • Posts: 575
Two cities A&B are deciding upon joint pollution laws. Right now they both face identical prices for their housing. If they decide that city A is to be a pollution free city Clean town and all the factories would locate in city B Smogville, in the long run, we expect to see
 a. Asthmatics moving to Cleantown
 b. Poorer families moving to Smogville
 c. Residents in both the cities relocating based on their tolerance for pollution
  d. All of the above

Question 2

A second-price auction
 a. is also called an English auction
 b. is where the highest bidder wins and pays the amount of the next highest bid
  c. is where the sole remaining bidder wins and pays his winning bid
 d. all of the above



ktidd

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

d

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

For a complete list of videos, visit our video library