If the price elasticity of supply is 0.5 and the quantity supplied decreases by 6%, then the price must have decreased by 3%
a. True
b. False
Indicate whether the statement is true or false
False
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Hiring a white worker may be statistically safer for the employer than hiring a minority
Indicate whether the statement is true or false
Refer to the above figure. An external benefit exists. The amount of that benefit is represented by
A) P4. B) the vertical distance between D1 and D2. C) the distance between G and F. D) P3.
Foreign aid usually consists of funds loaned at high interest rates
a. True b. False Indicate whether the statement is true or false
Which two resources do realists see as particular sources of conflict in future collaboration and cooperation over the environment?
a. forests and natural vegetation b. oil and water c. oceans and minerals d. farmland and livestock