People will be more likely to vote if they believe that their vote will determine the outcome of the election

Indicate whether the statement is true or false


True

Economics

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Does the stock market resemble a perfectly competitive market?

A. Yes, the stock market does resemble a perfectly competitive market. B. No, because there are not enough buyers and sellers in the stock market. C. No, because the buyers and sellers in the market lack access to reliable information about prices in the market. D. No, because the products (stocks) in the market are not standardized well enough.

Economics

Refer to the information provided in Figure 7.6 below to answer the question(s) that follow.  Figure 7.6Refer to Figure 7.6. The shoe manufacturer currently produces 50 units of output. If this shoe manufacturer increases labor from 15 to 20, the marginal product of the 20th worker

A. is zero, as the total number of shoes produced remains at 50. B. is 8.5, as capital can be reduced by 8.5 units when the 20th worker is hired. C. cannot be determined because output remains constant. D. cannot be determined because both capital and labor have been increased.

Economics

Based on the data in the above table, at what level of output does the marginal cost start to rise at Jefferson's Cleaners?

A) 45 suits per day B) 47 suits per day C) 74 suits per day D) 85 suits per day

Economics

CNN announces that bad weather in Central America has greatly reduced the number of cocoa bean plants, and, as a result, it is expected that the price of chocolate will rise in the near future. As a result: a. the current market demand for chocolate will decrease

b. the current market demand for chocolate will increase. c. the current quantity demanded for chocolate will decrease. d. there is no change in the current market for chocolate, but there will be after the current crop of cocoa bean plants is processed into chocolate.

Economics