Answer:
$4,000 million per year
Explanation:
Calculation for what will be the cost of eliminating half of the pollution to society
Cost of eliminating = (200 per ton x 20 million tons)
Cost of eliminating = $4,000 million per year.
Therefore the cost of eliminating half of the pollution to society will be $4,000 million per year.
Answer:
Equity REIT's
Explanation:
In this scenario, it can be said that the best recommendation would be Equity REIT's. These are Real Estate Investment Trusts. REIT's tend to pay a higher dividend yield than most other types of stocks since they have been structured to generate net rental income. While maintaining the risk level moderate due to the underlying diversification of the trust itself. Therefore since the yield is higher and the risk level moderate this is the best next investment for the teacher to get into.
Answer: Answers are:<u> Imperfect information; excess supply; higher quantity.</u>
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Explanation: <u>Imperfect information</u> can lead to a situation where, even if sellers are faced with a situation of <u>excess supply</u>, they will decide not to cut prices for awhile because they know that buyers in this situation will not react by purchasing a <u>higher quantity.</u>
Answer:
The correct answer is <em>d. Canada requires fewer resources than the U.S. to produce a bushel of wheat.</em>
Explanation:
A country (in this case Canada) has a comparative advantage over another country (in this case the United States) to produce a certain product (in this case wheat) if the production costs of that product (wheat) are less than from the other country, regardless of the opportunity cost of producing that other product in that country.
The comparative advantage is based on the fact that the country has developed greater efficiency in the use of resources or that it has greater ease of access to them due to better conditions of nature, greater technological development in the field in question, human capital more specialized in that economic field, etc.
The opportunity cost of producing a product or another in the same country does not affect a deterioration or increase of the comparative advantage developed to produce such a product.
One mill is one thousandth of a currency unit, or 0.001$.
So 0.984 in mills means we have to divide 0.0984 by 0.001 (which means moving the period to the right here): so it would be 98.4 mills (answer B)