The total costs of federal regulation
A) encompasses only explicit costs of satisfying regulatory demands.
B) also includes the explicit costs associated with regulations issued by 50 different state governments.
C) encompasses only opportunity costs of satisfying regulatory demands.
D) encompasses both explicit and opportunity costs of satisfying regulatory demands..
Answer: D
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Assume that the graphs show a competitive market for the product stated in the question below.
Select the graph above that best shows the change in the market following a reduction in the tax placed on the suppliers in the market.
A. graph (1) B. graph (2) C. graph (3) D. graph (4)
Competition has driven the economic profits in the video rental business to zero. Surya Bacha, who owns a video rental business, would be better off leaving the industry for another alternative
Indicate whether the statement is true or false
Which of the following is not true regarding bonds? a. Bonds can be purchased from corporations as well as governments
b. Interest must be paid to bondholders before dividends are paid to stockholders. c. Bondholders face no risk from changing market interest rates on bonds that have a fixed interest rate. d. The capital gains on bonds are generally more limited than the capital gains on stocks.
After the price of milk increases, Liza buys more eggs and less hotdogs. For Liza
A. milk, eggs, and hotdogs are all substitutes. B. milk and eggs are substitutes, and milk and hotdogs are complements. C. milk and eggs are complements, and milk and hotdogs are substitutes. D. milk, eggs, and hotdogs are all complements.