False-
reason- The most efficient solution for pollution is where marginal benefit of pollution is equal to marginal cost of pollution.
This level can be decided by the mutual negotiations by the parties involved.
When a polluting activity creates any amount of harm to society, the most efficient solution is...
True or false: A society that maintains the status quo is Pareto efficient. O False True
An efficient allocation of resources is one where resources are distributed to where they are most needed by society. True or False
Question 1 When there are no externalities, competitive markets when left unregulated are efficient whereas taxed markets are not efficient. True O False True or False. When there are no externalities, competitive markets when left unregulated are efficient whereas markets served by one monopoly are not efficient. True O False When there are externalities, competitive markets when left unregulated are inefficient. True O False When a price ceiling is imposed and the price ceiling charges a price that is higher...
14 When the Fed creates electronic money," then any U.S. bank that has an account at the Federal Reserve Bank can access this money and lend it out to their bank customers who want to borrow money, True or False 02:11:24 Skipped True False Next > < Prex 14 of 71 MC Grow
Advertising is most widely seen in monopolistically competitive markets and oligopoly markets. True False In the long run, only monopolists and oligopolists can make positive economic profits. True False When markets do not lead to the most efficient allocation of resources for society as a whole, then there has occurred market failure. True False The most efficient point of production occurs at the bottom of the average total cost (ATC) curve. True False Oligopoly markets are different from other market...
Nick owns a paint factory. The production of paint creates waste materials. Runoff from Nick's factory flows into a nearby creek, which kills many fish. Which of the following statements is true? O Nick's paint production does not have any negative externalities as it does not directly harm people. Nick's factory will have a marginal social cost that is less than the marginal private cost for any given quantity of paint production. O Nick's paint factory is economically efficient. O...
The most influential theory of corporate responsibility of the past century is: the free society economic theory. the neoclassical economic theory. the social contract theory. the stakeholder theory. In which of the following ideas are the ethical roots of the economic model of corporate social responsibility found? The interests of stakeholders are as important as the interests of the corporation's stockholders. Managers are ethically obliged to make as much money as possible for their stockholders because to do otherwise would...
The socially efficient scale of a public project or regulation to reduce emissions is determined where the supply curve intersects the demand curve True O False When it comes to determining the appropriate environmental project to select, the environment link(s) benefit-cost analysis to our theoretical model of the economics of the O socially efficient scale O equimarginal principle social discount rate O economies of scale Cost-effectiveness analysis is not concerned with achieving the socially efficient scale; instead it is concerned...
please help solve The most abundant bacteria in the colon is Bacteroides Lactobacillus Select one: O True O False Energy production is less efficient when oxygen is present. Select one: O True False
QUESTION 1 Resource development is concerned with finding the best way to utlize the fxed amount of resources a society has available. O True O False QUESTION 2 The "invisible hand" in Adam Smith's theory turns self-directed gain into social and economic benefits for all. O True ○ False QUESTION 3 Most communist countries today are suffering from severe economic problems O True O False QUESTION 4 The point of intersection between the supply and demand curves is called the...