When a subsidy is paid to potato growers, the market equilibrium quantity of potatoes ____ and the market price ____. In the market for potatoes, the MSC ____ MSB.
Fill in the blank(s) with the appropriate word(s).
Increases ; falls
Exceeds
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The principal-agent problem is
A) often less severe for partnerships than for corporations. B) often more severe for partnerships than for corporations. C) severe for corporations but nonexistent for partnerships. D) most severe for sole proprietorships.
The proliferation of the horse in the 17th century caused Great Plains Indians to:
a. increase their reliance on agricultural work. b. engage in less tribal warfare. c. use smaller and more independent hunting groups. d. kill fewer bison, but make more intensive use of the meat on the carcass.
A set of control strategies to reduce the amount and toxicity of hazardous waste at every stage of the waste stream is known as
a. source reduction b. waste management c. “cradle-to-grave” management d. risk-benefit analysis
There were a huge number of bank failures between
A. 1930 and 1933. B. 1933 and 1936. C. 1936 and 1939. D. 1939 and 1942.