At any given time in the U.S., 16 percent of the population lacks health insurance.
A. True
B. False
C. Uncertain
A. True
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When y changes, x stays the same. The line depicting this relationship would be
A) vertical. B) horizontal. C) linear with a negative slope. D) linear with a positive slope.
Necessities and luxuries are both types of normal goods
a. True b. False
Which of the following serves as money in many federal prisons in the United States these days?
a. Postage stamps b. Energy bars c. Plastic-and-foil pouches of mackerel d. Cans of tuna e. Cigarettes
If the quantity demanded at a price of $10 is 2,000 and the quantity demanded at a price of $8 is 2,400, a price-discriminating monopolist would want to:
A. sell 2,000 units for $10 each and then sell an additional 400 units for $8 each. B. charge all consumers the higher price of $10 and sell 2,000 units. C. charge all consumers $8 in order to increase quantity sold to 2,400. D. sell 2,000 units for $8 each and then sell an additional 400 units for $10 each.