In some cases, selling pollution permits is a better method for reducing pollution than imposing a corrective tax because a. Corrective taxes distort incentives. b. Corrective taxes provide greater flexibility to firms that can reduce pollution at a low cost. c. selling pollution permits create a net increase in pollution. d. it is hard to estimate the market demand curve and thus charge the "right" corrective tax.

Based on the supply and demand theory, why do medical doctors earn higher wages than child-care workers?

John is a 45-year-old manager who enjoys playing basketball in his spare time with his teenage sons and their friends. at work he finds that he is better able to solve problems that come up because of his many years of experience, but while on the court, he finds he is not as good keeping track of the ball while worrying about the other players. john's experience is:

True tomato inc. makes organic ketchup. to promote its products, this firm decided to make bottles in the shape of tomatoes. to accomplish this, true tomato worked with its bottle manufacture to create a set of unique molds for its bottles. which of the following specialized assets does this example demonstrate? (a) site specificity (b) research specificity (c) physical-asset specificity (d) human-asset specificity