State mechanic lien laws
(a) required licensing of mechanics.
(b) permitted laborers to make claims against the assets of an employer or business
if it fell into bankruptcy.
(c) assured payment for value added by labor to property of third parties.
(d) gave property owners with goods held "in bailkment" a guarantee of competent
repair work by mechanics.
(b)
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If in some production range average cost is rising, the firm is experiencing
A. increasing returns to scale. B. decreasing returns to scale. C. constant returns to scale. D. increasing costs per unit of output.
What is the title of the John Maynard Keynes's book published in 1936 that challenged the classical self-correction economic theory?
a. In the Long-run We Are Dead. b. Classical Economics Revised. c. General Theory of Employment, Interest, and Money. d. A Keynesian Approach to Economic Policy.
name one event you have become aware of that concerns you or encourages you about our economy and tell why?
What will be an ideal response?
If a price ceiling of $8 were placed on the market in the graph shown, which area represents the surplus that is transferred from producers to consumers?
A. C + D + F + G B. F + G C. C D. C + D