The figure above shows supply curves for soft drinks. Suppose the economy is at point a. An increase in the number of suppliers would be shown as a movement from point a to a point such as
A) none of the points that are illustrated.
B) point b.
C) point c.
D) point d.
B
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Which confers a set of property rights?
A) A driver's license B) A land contract C) A passing score on a C.P.A. exam D) A successful election campaign E) All of the above.
A closed economy refers to an economy in which:
A. a country exports, but does not allow imports. B. all goods are produced and sold domestically. C. intermediate goods are sold domestically. D. all goods are consumed domestically.
Which of the following 95% confidence intervals for the estimate of the population treatment effect is the most convincing evidence that a policy intervention was indeed effective?
A. (-0.5, 0.9). B. (-0.1, 0.5). C. (0.5, 0.75).? D. (-0.2, 0.3).
Irregular weather patterns caused very poor yields for orange farmers. Which factor of supply would this change in the market for orange juice?
A. Price of related good B. Technology C. Price of input D. Number of sellers