If the selling price of a bushel of cranberries rises, we would expect the demand for labor in the cranberry industry to
a. increase.
b. decrease.
c. be unchanged.
d. increase by less than the corresponding decrease in supply.
a
Economics
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A lump sum tax can create an excess burden.
A. True B. False C. Uncertain
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Endangered species are likely to be
A) private property. B) common property. C) both private and common property. D) neither private nor common property.
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List and discuss the importance of the major effects of the deregulation that occurred in the 1980s
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In the long run, a year-long drought that destroys most of the summer's wheat crops causes permanently:
A. higher prices. B. lower prices. C. lower output. D. None of these is true.
Economics