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DeVry ECON 410Midterm Exam Click on the link below for the solution: https://devryfinalexams.com/products/econ-410-midterm-exam/ 1. Question : (TCO 1) What term is given to pollutants that are induced by human activity? Student Answer: Anthropogenic Pollutants Pollutant induced by non artificial processes Criteria Pollutant Hazardous Pollutant 2. Question : (TCO 1) What agency oversees environmental policy planning in the U.S.? Student Answer: Centers for Disease Control and Prevention U.S. Department of Agriculture Environmental Protection Agency U.S. Food and Drug Administration 3. Question : Use the diagram to complete the following sentence. (TCO 2) A firm achieves profit maximization at the point where __________. Student Answer: MR is greatest MR > MC MR = MC MR < MC 4. Question : (TCO 2) When the government intervenes in the market by setting the price for a good below the equilibrium price, the result would be: Student Answer: a shortage of the good. rationing of the good on first-come-first-served basis. excess demand for the good. economic inefficiency. All of the above
DeVry ECON 410Midterm Exam
