Public provision of education might
A. cause property values to fall.
B. crowd out private provision.
C. decrease local taxes.
D. none of these answer options are correct.
B. crowd out private provision.
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Which of the following will result in a firm increasing its level of production?
a. An increase in its Marginal Costs. b. A decrease in its Marginal Revenue. c. An increase in its Fixed Costs. d. An increase in the price of its product.
Expansionary monetary policy increases the quantity of loans in an economy
a. True b. False Indicate whether the statement is true or false
When the firm is at its shutdown price
a. it has losses equal to fixed costs. b. break-even line right at bottom of MC c. shut down price is below AVC d. all of the above
A rent control is an example of a ________
A) price floor B) price ceiling C) negative externality D) positive externality