In the above figure, to achieve efficiency the government could offer a subsidy to producers of ________ per vaccination so that consumers would pay ________ per vaccination
A) $20; $20
B) $30; $10
C) $20; $10
D) $30; $40
C
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Refer to Figure 16-6. If Sensei acts as a monopolist and charges the profit-maximizing price, what is his producer surplus?
A) the area A + C + H B) the area A + B + C + D + H + G C) the area B + D + G D) the area C + D + H + G
Which of the following is true?
a. Employers who discriminate against women will have lower costs than rival firms that hire employees strictly on the basis of merit (productivity). b. If employers can hire equally productive female employees at a lower wage than males, the profit motive gives them a strong incentive to do so. c. The female/male earnings ratio is higher for persons who are married than for those who remain single. d. Both a and c are true.
If a mutual fund outperforms the market in one period, evidence suggests that this fund is
A) highly likely to consistently outperform the market in subsequent periods due to its superior investment strategy. B) likely to under-perform the market in subsequent periods to average its overall returns. C) not likely to consistently outperform the market in subsequent periods. D) not likely to outperform the market in any subsequent period.
The United Auto Workers is striking against Ford. The Teamsters refuse to deliver steel to Ford. This is an example of
A) a jurisdictional dispute and is illegal under the Taft-Hartley Act. B) a secondary boycott and is illegal under the Taft-Hartley Act. C) a sympathy strike and is illegal under the Taft-Hartley Act. D) a closed shop and is illegal under the Wagner Act.