Q2. Elucidate how it is possible that we have "sustainable development" (as it is defined in text book) in a world in which minerals, oil and or non-renewable resources are being depleted.
Q. If tax revenues increased by $100 million, Illustrate what is deadweight loss associated with tax? As a result of tax, 10,000 people sold their cars and started riding their bicycles to work. How much of burden of Deadweight loss is incurred by bicycle riders?