Refer to the table below. The expected value of the price of the input in Country A is ________ the expected value of the input in Country B.
The above table provides the probability distribution of price of an input next year in Country A and Country B.
A) greater than
B) twice
C) the same as
D) less than
C) the same as
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Investment in the agricultural economy of the antebellum period of U.S. history usually entailed everything below except
(a) Clearing lands (b) Purchasing stocks and bonds (c) Constructing fences and buildings (d) Purchasing farm implements
An infant industry is one that
A. does not need so-called protection by government. B. is vulnerable to being crushed by better-funded and more mature foreign competitors. C. relies on growing human populations for new customers. D. is less than two years old.
An increased gas tax would result in ______.
a. more congestion on the road b. fewer vehicles on the road c. increased negative externalities d. more miles driven
A rightward shift of the market demand curve for drones, ceteris paribus, causes equilibrium
A. Price to increase and equilibrium quantity to increase. B. Price to decrease and equilibrium quantity to increase. C. Price to increase and equilibrium quantity to decrease. D. Price to decrease and equilibrium quantity to decrease.