An example of price discrimination is the price charged for:
A. coffee.
B. college admission.
C. cashmere sweaters.
D. cough syrup.
Answer: B
Economics
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A) The origin B) A time-series graph C) A trend-line graph D) A cross-section graph E) A scatter plot
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Although gold is highly valued by most people, it is difficult to use as a medium of exchange. Explain
What will be an ideal response?
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The prisoner's dilemma is an example of:
a. A sequential game b. A non-cooperative game. c. A shirking game d. A dating game
Economics
The Earned Income Tax Credit (EITC) is a more efficient means to redistribute income to people below the poverty line than direct cash transfers.
Answer the following statement true (T) or false (F)
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