Education and training of workers would best be categorized as

When a rent ceiling below the equilibrium rent is put in place, the outcome is

A) efficient because marginal benefit equals marginal cost. B) inefficient because marginal benefit equals marginal cost. C) inefficient because marginal benefit is greater than marginal cost. D) inefficient because marginal benefit is less than marginal cost. E) efficient because marginal benefit is greater than marginal cost.

The above figure shows the market for DVDs. The government decides that all citizens deserve to watch affordable DVDs so a price ceiling of $12 per DVD is placed on DVDs

After this price ceiling is in effect and taking account of the resources lost in search, consumer surplus equals ________. A) $900,000 B) $400,000 C) $200,000 D) $180,000 E) $100,000

What is tying or bundling of goods?

A society's decision to produce more tanks may require it to forgo production of some cars

a. True b. False Indicate whether the statement is true or false