While the U. S. government investigates few claims of dumping, nearly all of the claims are upheld by the International Trade Commission.
Answer the following statement true (T) or false (F)
False
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The median household income is
A) the income that separates households into two equal groups. B) the most common household income. C) the mean household income. D) the average household income.
What is meant by increasing returns to scale?
What will be an ideal response?
Esther owns a small organic farm. Her boyfriend, Lou, is an expert on fruit and vegetable prices. When Esther consults him about raising her prices, he assures her that if she does, her total revenue would increase. That's because within the price range she's considering,
a. there would be no change in quantity demanded b. there would be a substantial change in quantity demanded c. the price elasticity of demand is greater than one d. the price elasticity of demand is equal to one e. the price elasticity of demand is less than one
The idea that voters tell the government what to do:
A. is the basic idea of democracy. B. is the basis for a command economy. C. always leads to efficient economic outcomes. D. All of these