QUESTION 29 If pollution is reduced below the socially efficient levels a nothing can be said about the relationship between the marginal cost and marginal benefit of pollution abatement b. the marginal cost of pollution abatement equals the marginal benefit of pollution statement c the marginal cost of pollution abatement is less than the marginal benefit of pollution abatement d. the marginal cost of pollution abatement exceeds the marginal benefit of pollution show QUESTION 30
If an economy is operating inside its production possibilities curve for tanks and broad a production of bread can only increase by sacrificing the production of tanks b all resources are being used efficiently c. production of bread and tanks can both increase d. scarcity does not exist QUESTION 31 Which of the following would shift a supply curve to the right? a Import restrictions b. Subsidies c Import duties d. Taxes QUESTION 32 Which of the following is not a major trading partner of the U.S.? a Russia b. Mexico c Canada d. China
