Regardless which form of media used, all ads can be divided into _?_types based on the kind of message conveyed. seven
C. five
b. two
d. three
a.

The government often provides goods that are nonrivalrous and nonexclusive to overcome which market failure

Abusiness cycle reflects in economic activity, particularly real gdp. the stages of a business cycle

4. suppose that pollution in a neighborhood comes from two factories, with marginal benefit curves given by mb1 = 12 – p1 and mb2 = 8 – p2. the level of pollution in the neighborhood is given by p = p1 + p2. the government wants to limit pollution by instituting a pollution-rights market. the government’s desired level of p is 10, so it prints 10 pollution rights and offers them for sale to the firms.a)find the equilibrium selling price of a pollution right, as well as the allocation of rights (and hence pollution levels) across the two factories. b)repeat part (a) for the case where the government’s desired level of pollution equals 14. c)comment on the usefulness of a pollution rights market in achieving efficient levels of pollution abatement.