Choose the statement about itqs that is correct. a. fishers with low marginal cost sell itqs to those with high marginal cost. b. when itqs are used, no one has an incentive to cheat and exceed the quota. c. the major problem with itqs is that they create a monopoly. d. the market price of a an itq equals the marginal social benefit minus the marginal social cost.

Agood for which demand increases as income rises is and a good for which demand increases as income falls is

What is used by accountant to analyze transactions ?

A$100 million interest rate swap has a remaining life of 10 months. under the terms of the swap, the six-month libor is exchanged semi-annually for 12% per annum. the six-month libor rate in swaps of all maturities is currently 10% per annum with continuous compounding. the six-month libor rate was 9.6% per annum two months ago. what is the current value of the swap to the party paying floating? what is its value to the party paying fixed?