Which of the following groups would most likely benefit from a law that is extremely tough on those who drink and drive?
a. truck drivers
b. taxi drivers
c. bartenders
d. doctors and nurses
B
Economics
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A single-price monopoly has the demand and marginal cost schedules given in the above table. What is the profit-maximizing level of output and price?
What will be an ideal response?
Economics
The behavior of an individual perfectly competitive firm has a perceptible influence on the market price
a. True b. False Indicate whether the statement is true or false
Economics
How can increased investment help a country achieve increased economic growth?
Economics
In order to demand a good, the buyer must:
a) Want the good very much. b) Think that the good has significant utility. c) Be aware of the opportunity costs. d) Be both willing and able to pay for it.
Economics