If there were no usury law the interest rate would be _______%.
A. under 18
B. 18
C. 22
D. 28
D. 28
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Which of the following leads to an increase in the quantity supplied but not an increase in supply?
A) an increase in the product's price B) a decrease in the costs of production C) an advance in the technology used to produce the good D) an increase in the number of firms producing the good or service E) an increase in the price of another product that the suppliers can produce
Which of the following is a characteristic of monopoly in the long run?
A) The firm makes zero economic profit. B) The firm can make an economic profit. C) Price equals marginal cost. D) Price equals marginal revenue.
Changing the legal assignment of a tax will not change its incidence
a. True b. False
"The number of species on earth is decreasing drastically and economic development is the main factor for the problem." Do you agree or disagree? Why?
What will be an ideal response?