Special interest groups are usually

A) well informed on all political issues.
B) well informed on all economic issues.
C) well informed on issues of interest to them.
D) not well informed on any issues, but appear to be.


C

Economics

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If producers cannot afford the fees for pollution rights,

a. they will pollute b. they will buy pollution rights c. they will sell pollution rights d. they will have to find a cheaper way to deal with their pollution e. they will not be able to use their pollution rights

Economics

Microeconomics is the study of

a. government decisions b. the federal government's budget c. the economic behavior of entire nations d. the economic behavior of individual decision makers e. the overall economy

Economics

Suppose a firm is considering producing zero units of output. We call this shutting down in the short run and exiting an industry in the long run

a. True b. False Indicate whether the statement is true or false

Economics

An individual labor-demand curve represents:

A. the decisions of all firms around how many hours to work at each alternative wage. B. the decisions of all workers around how many hours to work at each alternative wage. C. a worker's decisions around how many hours to work at each alternative wage. D. a firm's decisions around how many hours to hire at each alternative wage.

Economics