A decrease in the price of baseball bats will decrease the demand for baseballs
a. True
b. False
Indicate whether the statement is true or false
False
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Refer to Figure 18.2. Macadamia has a comparative advantage in the production of
A) spears. B) fishing poles. C) both spears and fishing poles. D) neither spears nor fishing poles.
If the stores could co-operate with each other, it would be efficient
a. For megastore to advertise and for superstore to advertise b. For megastore to advertise and for superstore not to advertise c. For megastore not to advertise and for superstore to advertise d. For megastore not to advertise and for superstore not to advertise
According to the law of diminishing marginal utility, the marginal utility curve is ____
a. vertical b. flat. c. upward sloping. d. downward sloping.
Why is it misleading to argue that emissions permits are a “license to pollute”?
What will be an ideal response?