A supply curve generally
a. is a straight horizontal line.
b. is a straight vertical line.
c. slopes downward to the right.
d. slopes upward to the right.
d. slopes upward to the right.
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Which of the following goods is rival in consumption and is also excludable?
A) A fireworks display B) A movie shown on cable television C) A DVD D) A magic show in a public park.
What is the general principle of price discrimination?
Achieving both environmental quality and economic prosperity is
a. represented at all points along the Kuznets Curve b. a view supported by the Nobel Laureate, Robert Solow c. the overall goal of sustainable development d. strictly a short-term objective
Proponents and opponents of balanced-budget policies agree that the government debt cannot continue to increase forever
a. True b. False Indicate whether the statement is true or false