A study found that privately-operated juvenile correction facilities in Florida had __________ costs but experienced __________ rates of recidivism than state-operated juvenile corrections facilities
a. lower, higher
b. lower, lower
c. higher, equivalent
d. higher, lower
e. lower, equivalent
A
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Refer to the table below. Relative to column A, column B represents:Price PerUnitColumn A UnitsPer YearColumn B UnitsPer Year$20100110$308595$407080$505565$604050
A. a decrease in demand. B. a decrease in supply. C. an increase in demand. D. an increase in supply.
Which of the following makes a firm's resources hard to imitate?
a. They don't flow from the firm's unique history b. The link between resources and advantages is difficult to discern c. They aren't socially complex d. All of the above
Insurance companies:
A. profit from the difference between the premiums paid and the expected value of clients' payouts. B. only profit by selling to risk neutral clients. C. must charge less than the expected value of payout, otherwise they would go out of business. D. All of these statements are true.
Advocates of the active approach believe that discretionary government policy can restore economic stability and improve economic performance
a. True b. False Indicate whether the statement is true or false