One reason larger governments might be preferable to smaller ones is _____
a. diminishing marginal utility
b. intergovernmental competition
c. economies of scale
d. the flypaper effect
c
Economics
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Discuss the arguments for and against state lotteries
What will be an ideal response?
Economics
Individual farmers behave like perfect competitors but are still able to earn economic profits in the long run.
Answer the following statement true (T) or false (F)
Economics
The royalty that an author receives on the resale of a used college textbook is
A. zero. B. typically 15%. C. half the typical new sale rate, or 7.5%. D. set at 2%.
Economics
The Constitution of the United States grants ________ the authority to regulate commerce and to impose tariffs
A) Congress B) the President C) the Supreme Court D) the U.S. Trade Representative
Economics