In the graph shown above, equilibrium price is _______.



A. $25

B. $30

C. $35

D. $40


B. $30

Economics

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Explicit costs:

A. are variable in the short run. B. measure the opportunity costs of the resources supplied by the firm's owners. C. measure the payments made to the firm's factors of production. D. are fixed in the short run.

Economics

Populists proved themselves to be strong "quantity theory" activists by

(a) pushing the government to provide a general level of money demand that could be kept abreast of farm output. (b) advancing public education and woman suffrage efforts. (c) trying to prohibit corporate subsidies. (d) seeking to reserve land and other natural resources for farm and conservation use.

Economics

___ is when you are in a persuasion situation. The steps are presentation, getting your attention, but they want you to comprehend what they are saying. Next is yielding AKA liking their product. Next is something different from all other models... RETENTION (remembering info), and this model ends with behavior.

Fill in the blank(s) with the appropriate word(s).

Economics

Quick conclusions about the behavior of SAT scores should be made with care because

A. more, and on average more academically capable, people take the exam now than years ago. B. fewer, and on average less academically capable, people take the exam now than years ago. C. fewer, and on average more academically capable, people take the exam now than years ago. D. more, and on average less academically capable people, take the exam now than years ago.

Economics