If quality-detection costs are very low,

a. lower quality products will tend to be outcompeted in the market, and the average quality will rise.
b. lower quality products will tend to be outcompeted in the market, but the average quality will fall.
c. higher quality products will tend to be outcompeted in the market, and the average quality will rise.
d. higher quality products will tend to be outcompeted in the market, and the average quality will fall.


a

Economics

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If the poor cannot afford proper medical treatment, an economist, for reasons of efficiency, would favor

a. giving the poor added income to spend as they see fit. b. paying doctors bonuses to treat the poor. c. paying the medical bills of the poor. d. giving the poor "medical stamps."

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Demand deposits are ______.

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A demand curve:

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Economics