In a competitive market illustrated by the diagram below, for a price floor to be effective and alter the market situation, it must be set:
A. At $15
B. Below $15
C. Above $15
D. At $10
C. Above $15
Economics
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Indicate whether the statement is true or false
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The brain gets most of its energy from dopamine.
Answer the following statement true (T) or false (F)
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Technical change that results in a change in the production process is known as disembodied technical change.
Answer the following statement true (T) or false (F)
Economics
Education at a private university is NOT a pure public good because it is
A) nonrival. B) excludable. C) both nonrival and nonexcludable. D) None of the above answers is correct.
Economics