A family on a trip budgets $1,000 for meals and gasoline. If the price of a meal for the family is $50 and if gasoline costs $3.50 per gallon, then how many meals can the family buy if they buy 100 gallons of gasoline?
a. 13
b. 16
c. 19
d. 21
a
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Common causes for a backflow in migration include the following, except:
A. Expected gains in the new country are exceeded by actual gains B. Living costs in the new country are higher than expected C. Costs of being away from family and friends are greater than expected D. Anticipated jobs and promotions are not found in the new country
What is producer surplus?
What will be an ideal response?
Why do you suppose that taxes are often used in place of effluent charges in order to combat pollution?
What will be an ideal response?
Consumer?consumer rivalry:
A. increases the likelihood of government intervention in the marketplace. B. increases the negotiating power of consumers in the marketplace. C. reduces the negotiating power of producers in the marketplace. D. reduces the negotiating power of consumers in the marketplace.