The rate of unemployment tends to be highest for:
a. White teenagers
b. White adult males
c. Black adult males
d. Black teenagers
d. Black teenagers
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At present, the maximum legal price for a human kidney is $0 . The price of $0 maximizes
a. consumer surplus but not producer surplus. b. producer surplus but not consumer surplus. c. both consumer and producer surplus. d. neither consumer nor producer surplus.
A tariff is a
a. limit on how much of a good can be exported. b. limit on how much of a good can be imported. c. tax on an exported good. d. tax on an imported good.
Bonnie is a self employed. She makes floral arrangements in a building she rents. She owns the delivery vehicle and has hired a delivery driver. She is an example of
A) entrepreneurial ability. B) labor. C) physical capital. D) human capital.
The long-run industry supply curve ________ in an increasing-cost industry.
A. is vertical B. slopes down C. slopes up D. is horizontal