Use the following graph to answer the next question.
What price will this pure monopoly charge?
A. $40
B. $45
C. $50
D. $35
Answer: B
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Which statement is most accurate about the U.S. between 1800-1860?
a. New states were always permitted to choose whether they wanted to be free or slave states. b. Slaves were prohibited from the western territories and new states. c. The threat of having their jobs replaced by slaves led many southerners to unionize. d. The total value of slaves in the U.S. increased substantially after the slave trade was stopped in the early 1800s.
Temporary Assistance to Needy Families:
A. is more redistributive in nature than social insurance. B. is a conditional cash transfer program. C. is provided long term to help people in chronic poverty. D. is an "unconditional" cash-transfer program
According to J-curve theory, imports initially increase after a country's currency depreciates, but in the long run imports decrease
Indicate whether the statement is true or false
Which one of the following will cause a movement down along an economy's consumption schedule?
A. An increase in stock prices. B. A decrease in stock prices. C. An increase in consumer indebtedness. D. A decrease in disposable income.