Keeping landing fees low at airports during the “peak” hours
A. perpetuates congestion during those hours.
B. is politically unpopular.
C. contributes to efficient allocation of airport facilities.
D. would lessen the problem of delayed flight landings.
Answer: A
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The demand for soap is more elastic than the demand for Dove soap
a. True b. False Indicate whether the statement is true or false
Which statement most closely reflects the viewpoint of Karl Marx?
A. Whoever controls a society's capital controls that society. B. By pursuing his own interest, a business owner frequently promotes that of the society more effectually than when he really intends to promote it. C. The capitalist, who has saved for years to buy his machinery and factory is entitled to all the profits he earns. D. The worker and the capitalist are both exploited by the government.
Market power may result from
A. Flawed price signals. B. Control of resources. C. Merit goods. D. Antitrust policy.
Not including transactions from the underground economy will tend to ________ GDP, and not including environmental changes caused by pollution will tend to ________ GDP.
A. overvalue; undervalue B. undervalue; overvalue C. overvalue; overvalue D. undervalue; undervalue