In an increasing cost industry, the long-run supply curve is
a. positively sloped.
b. negatively sloped.
c. horizontal.
d. vertical.
A
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Many younger people eat peanut butter AND jelly, whereas many older people eat peanut butter OR jelly. This suggests that the cross elasticity of demand between peanut butter and jelly is
A) negative for youngsters and positive for oldsters. B) positive for youngsters and negative for oldsters. C) negative for youngsters and zero for oldsters. D) positive for youngsters and zero for oldsters.
Answer the following statement(s) true (T) or false (F)
1. The Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), or Superfund, was the first legislative act aimed at hazardous waste sites in the United States. 2. The Superfund Amendments and Reauthorization Act (SARA) maintained the “Superfund” at its original level of $1.6 billion. 3. The Brownfields Act was passed during the Obama administration and deals with abandoned properties whose redevelopment is compromised by contamination. 4. Removal actions are long-term official responses to the release of a hazardous substance aimed at achieving a more permanent solution. 5. Hazardous waste sites posing the greatest threat to health and the ecology are placed on the National Priorities List (NPL).
During recessions, unemployment insurance payments tend to rise
a. True b. False Indicate whether the statement is true or false
During the 1990s, many companies shifted from
A. the Mform to product-oriented organizations. B. the Mform to functional subunits. C. product-oriented organizations to functional subunits. D. functional subunits toward more product-oriented organizations.