Along the supply curve of lifeguards at local public pools,

Along the supply curve of lifeguards at local public pools,
 a. the wage paid to lifeguards is held constant
  b. the number of lifeguards is held constant
  c. the wage paid to lifeguards at private clubs is held constant
  d. the demand for lifeguards is assumed constant
  e. the admission price to these public pools rises as the wage rate for lifeguards increases

QUESTION 2

Environmental problems result when social costs and benefits are different from private costs and benefits.
 a. True
  b. False

QUESTION 3

An increase in the price of a resource will cause a rightward shift of its supply curve.
 a. True
  b. False

QUESTION 4

As more pollution is abated, the total social benefit from pollution abatement increases.
 a. True
  b. False

QUESTION 5

As the price paid to a resource increases,
 a. the supply of that resource will increase in the resource market
  b. the supply of that resource will decrease in the resource market
  c. resources will shift from other resource markets to this one
  d. resources will shift from this resource market to others
  e. resource usage will be unaffected