Farmers selling some of their soybeans in storage because they anticipate a lower price of soybeans in the near future would cause a
A. movement up along the current supply curve of soybeans.
B. rightward shift in the current supply of soybeans.
C. movement down along the current supply curve of soybeans.
D. leftward shift in the current supply of soybeans.
Answer: B
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Which of the following would not be considered a market distortion:
a. minimum wage b. union-negotiated wage c. monopsony wage d. efficiency wage e. all of the above are market distortions
U.S. Treasury bonds
A) carry no risk of default and are therefore not risky investments. B) have constant yields to maturity and are therefore not risky investments. C) have constant coupon rates and are therefore not risky investments. D) are subject to fluctuations in their market prices and are therefore risky investments.
A firm that is a natural monopoly
a. is not likely to be concerned about new entrants eroding its monopoly power. b. is taking advantage of economies of scale. c. would experience a higher average total cost if more firms entered the market. d. All of the above are correct.
If the government were to put policies in place to regulate carbon emissions from factories, such a policy would be a:
A. tariff. B. nudge. C. lobby. D. push.