The correct expression for cost plus pricing is A) Price = ...

[formula1]

The correct expression for cost plus pricing is
 
  A) Price = Cost (1 + profit margin).
  B) Price = Cost + profit margin.
  C) Price = Cost (1 + mark-up).
  D) Price = Cost + (1 + mark-up).

Question 2

If the government has enough knowledge about a market and the damage it causes through pollution, it can force the socially optimal output
 
  A) through an emission fee.
  B) using a ban on pollution.
  C) by deregulating to eliminate the monopoly.
  D) All of the above.

[marict]

Answer to Question 1

C

Answer to Question 2

A

[formula1]

TYSM

[ryhom]

Excellent