Which of the following is not an example of a business operated by a consumer cooperative?
a. grocery store
b. apartment building
c. Sunkist, a farm cooperative owned and operated by citrus growers
d. health plan
e. electric power facility
C
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Figure 3-2
In Figure 3-2, the production possibilities frontier has a bowed-out shape because of the law of
A. decreasing costs. B. increasing costs. C. demand. D. comparative advantage.
What is the optimal scale of plant?
What will be an ideal response?
A price ceiling leads to? a(n) ________ if it is set below the equilibrium price.
_____ are accounts at the U.S. commercial banks that combine an interest-bearing savings account with a noninterest bearing checking account
a. Automatic transfer system accounts b. Negotiable orders of withdrawal c. Eurodollar deposits d. Certificates of deposit e. Credit union share draft accounts