Environmental pollution is accounted for in:
a) GDP.
b) PI.
c) DI.
d) none of these.
d) none of these.
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In which case is the transition from short run to long run likely to involve the shortest chronological time period?
A. A service that provides temporary secretaries to companies B. An automobile factory C. A farm D. An electric utility
In a perfectly competitive market, the market demand curve is ________ , while an individual firm's demand curve is ________
a. downward-sloping; horizontal. b. downward-sloping but relatively flat; downward-sloping but relatively steep. c. horizontal; downward-sloping. d. horizontal; vertical
When goods are produced privately, but the cost of their purchase is paid for by the taxpayer or some other third party,
What will be an ideal response?
In the figure above, with the tariff the United States imports ________ million shirts per year
A) 24 B) 8 C) 32 D) 16