Resources can be purchased
A) exclusively through the government. B) in the product markets.
C) in the factor markets. D) at a grocery store.
C
You might also like to view...
When the slope of the total product curve is steep, the marginal product is
A) zero. B) negative. C) high. D) low. E) not defined.
A federal system consists of one level of government to provide public goods and services.
A. True B. False C. Uncertain
For long-term stopgap financing of large projects, city governments can issue
A) tax-anticipation notes. B) bond-anticipation notes. C) general obligation bonds. D) revenue bonds.
All of the following are true for first-degree price discrimination except which one?
A) Consumers pay less for the first units that they purchase. B) In reality, it is impossible to practice. C) Each consumer pays the maximum price they are willing to pay for every unit purchased. D) Consumers receive no consumer surplus.