Questions:
1) Explain why a profit-maximizing firm invests up to the point where the marginal rate of return on capital is the greatest.
2) Why would producers be opposed to economic regulation in their industry. Give specifics details.
3) There is no need for government in a free market system of economics. Agree or disagree? Explain.
4) There is no such thing as an acceptable level of pollution. Agree or disagree? Explain.