Measures of student performance have not increased even though per-pupil government subsidies have increased because
A) there is a need for more funds to be spent.
B) we have declining enrollment in public schools.
C) parents and children value the last unit of educational services received more than the cost.
D) parents and children value the last unit of educational services received less than the cost.
D
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Monetary policy refers to:
A. policy directed toward increasing exports and reducing imports. B. the determination of the nation's money supply. C. government policies aimed at changing the underlying structure or institutions of the economy. D. decisions to determine the government's budget.
Think about cost structures associated with each of the following and decide which is most likely to be a natural monopoly
a. jewelry manufacturer b. tax-preparation firm c. movie theater d. city bus company e. dry cleaner
The terms “correlation” and “causation” are synonymous.
Answer the following statement true (T) or false (F)
Monopolists attempt to capture producer surplus in the form of profits by using price discrimination.
Answer the following statement true (T) or false (F)