In the figure above, if the market is unregulated, the output will be
A) zero.
B) 50 units.
C) 150 units.
D) 250 units.
D
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What percentage of American business firms are incorporated?
A. About 20 percent B. About 40 percent C. About 50 percent D. Over 60 percent
If actions by the President and Congress reduce the federal government budget deficit, then interest rates will _____, the U.S. dollar will _____, and the foreign trade deficit will _____
a. increase; appreciate; increase b. increase; depreciate; increase c. decrease; appreciate; decrease d. decrease; depreciate; increase e. decrease; depreciate; decrease
A supply curve
A) has an indirect or negative relationship between price and quantity supplied. B) has a direct or positive relationship between price and quantity supplied. C) shows the relationship between quantity supplied and income. D) shows the relationship between complements.
Suppose a valley periodically floods. A dam can be built in the river that would prevent the flooding. Explain how flood control provided by building the dam arguably fits the characteristics of a public good
What will be an ideal response?