How would an economist likely respond to the statement There is no such thing as an acceptable

Question:

How would an economist likely respond to the statement “There is no such thing as an acceptable level of pollution”?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Microeconomics

ISBN: 9781260507140

11th Edition

Authors: David Colander

See More Books

Question Posted: Mar 14, 2024 04:01 AM

See More Questions

1. In the classical model, it is thought that the long-run: A. and short-run aggregate supply curves are both upward sloping. B. aggregate supply curve is vertical and the short-run aggregate supply...
The Rome Statute only recognizes personal jurisdiction over natural persons who are over the age of 18. There is no such thing as corporate criminal liability under the Rome Statute. In other words,...
What we think elections do The conventional way of thinking about elections is that they are a mechanism of accountability. The logic goes like this: Politicians seek to be elected (or reelected) and...
Adrian Webb bought 618 bricks to build a barbecue pit, paying $185.40. Find the cost per brick. (HINT: Cost per brick means the cost for one brick.) The cost per brick is s (Round to nearest hundidth)
A 256-kg rock sits in full sunlight on the edge of a cliff 5.75 m high. The temperature of the rock is 33.2 C. If the rock falls from the cliff into a pool containing 6.00 m3 of water at 15.5 C, what...
There is a photograph of a girl pushing on a large stone sphere. The sphere has a mass of $8200 \mathrm{~kg}$ and a radius of $90 \mathrm{~cm}$. Suppose that she pushes on the sphere tangent to...
Plaintiffs James and Betty Tonkovich own approximately 850 acres of in Belmont County, Ohio. Plaintiffs belong to a group of landowners known as Belmont Leasing Group, which leases land for oil and...
Wilco Corporation has the following account balances at December 31, 2010. Prepare Wilco's December 31, 2010, stockholders' equitysection. Common stock, $5 par value Treasury stock Retained earnings...
17.13 Let g be holomorphic in C and assume there exists a finite constant M such that |g(z)| M|sin z (z C). z| Prove that g(z) = K sinz on C, for some constant K with |K| M. (Hint: consider g(z)/sin...
Would a high tax on oil significantly reduce the amount of pollution coming from the use of oil? Why or why not?
Is the marginal social benefit of a good that exhibits positive externalities greater or less than the private social benefit of that good? Why?
Write the chemical equation for the reaction of H 2 SO 4 with lithium hydroxide, forming Li 2 SO 4 . Calculate the number of millimoles of H 2 SO 4 needed to react completely with 25.0 mL of 0.244 M...
Your dad's friend Frank has a business, Frank's Franks, which is responsible for street-corner vending of sausages, pies and soft drinks. It's a small business with an office and four vending carts...
Suppose your job is beginning to eat into your personal time. During the last six months, you have noticed that you have been taking files home with you to work on after dinner and on the weekends....
Company X purchases inventory under terms FOB destination from Company Y, and the goods are still in transit. Which company includes the goods in its inventory? Why? How would your answers change if...
Your new co-worker just came in and made the following statement: 'Every Friday is casual day around here; people wear casual clothes to work on Fridays. Jan, over there, is wearing jeans and a...
Short-term profits may be at the expense of long-term profits if consideration is not given to the environmental and social implications of that decision. a How could a decision that is profitable...
The trouble with the error estimates is that it is often very difficult to compute four derivatives and obtain a good upper bound for by K | f (4)(x) | hand. But computer algebra systems have no...
Gordon and Lisa estimate that they will need $1,875,000 in 40 years for their retirement years. If they can earn 8 percent annually on their funds, how much do they need to save annually?
Show the profit matrix and explain the reasoning in the prisoners dilemma example where Larry and Duncan, possible criminals, will get one year in prison if neither talks, two years in jail if both...
Show the profit matrix and explain the reasoning in the prisoners dilemma example where Larry and Duncan, possible criminals, will get one year in prison if neither talks, two years in jail if both...
Show the profit matrix and explain the reasoning in the prisoners dilemma example where Larry and Duncan, possible criminals, will get one year in prison if neither talks, two years in jail if both...
You have been offered a work placement at a migration agency. You just received your registration as a migration agent yesterday. Your supervisor has sought the permission from a client for you to...
What is one way to communicate with your target audience that you don't think is appropriate to use for your launch, and why not?
You are planning to launch an export product selling mass market dog food in France. Your target audience is pet owners ages 20 - 70. Through research efforts, you have discovered they like to get...

How would an economist likely respond to the statement There is no such thing as an acceptable

Question:

Step by Step Answer:

Microeconomics

Students also viewed these Business questions