Which of the following are most likely to become an endangered species?
A) animals in the wild
B) domesticated animals
C) animals that people like to keep at home as pets
D) animals that people have property rights to own
A
You might also like to view...
Which of the following statements about collusion is true?
a. Collusion is legal in the United States. b. Its overriding goal is to enhance competition and thereby increase profits. c. The greater the number of firms, the less difficult it is to maintain a collusion. d. Collusion never results in benefits for the participants. e. Collusion may help to increase the profits of the participating firms.
A survey of professional economists revealed that more than three-fourths of them agreed with fourteen economic propositions. Which of the following is not one of those propositions?
a. The United States should not restrict employers from outsourcing work to foreign countries. b. The United States should withdraw from the North American Free Trade Agreement (NAFTA). c. The United States should eliminate agricultural subsidies. d. Local and state governments should eliminate subsidies to professional sports franchises.
Which curve summarizes inequality visually?
A. Income Inequality curve B. Gini curve C. Lorenz curve D. Laffer curve
The economic analysis of monopolistic competition shows that market forces eliminate profits in the long run. However, it is possible for a firm to continue to earn economic profits if the firm
A) expands its marketing budget. B) adopts new technologies that enable it to lower its cost of production. C) expands its product offerings to appeal to a wider range of consumers. D) reduces its price to expand its market.