Which of the following documents established "rules of the game"?

A) The Book of Exodus
B) The Scrabble Players Dictionary
C) The Bylaws of the AFL-CIO
D) The Constitution of South Africa
E) All of the above.


E

Economics

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List the three main sources of economic development

What will be an ideal response?

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For a monopolist, the price of the product:

A. is less than the marginal revenue. B. exceeds the marginal revenue. C. equals the marginal cost. D. equals the marginal revenue.

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________ is an income measured in terms of the goods and services it can buy; real income changes when the price changes?

a) law of demand b) real income

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An example of a public good is

A. a grocery store. B. a ticket to a baseball game. C. a hardwood forest in a national park. D. an orange grove.

Economics