Refer to the information provided in Figure 13.9 below to answer the question(s) that follow. 
Figure 13.9 Refer to Figure 13.9. Ohio Edison would be willing to pay up to area ________ for rent-seeking activities to protect its monopoly power.
A. FAE
B. FGBC
C. BEC
D. FGBE
Answer: D
Economics
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As more firms are attracted to an industry, the supply curve can be expected to shift to the right.
Answer the following statement true (T) or false (F)
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A person's ________ indicate her willingness to expose others to risk and that she is doing it for ________
A) actions; her own benefit B) actions; society's benefit C) finances; her own benefit D) finances; society's benefit
Economics
If the price of oil goes up by 50% and the quantity demanded goes down by 25%, the absolute value of the price elasticity of demand is
A) 0.25. B) 0.50. C) 0.75. D) 1.00.
Economics
Which of the following is not an obstacle to development?
A. Overpopulation B. Excessive investment C. Political instability D. Corruption
Economics