How much of U.S. garbage is disposed of in landfills?

a. 25 percent
b. 40 percent
c. 60 percent
d. 70 percent
e. 100 percent


D

Economics

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When a government splits a natural monopoly vertically, it is breaking the company up:

A. along its stages of production. B. in order to maximize its profits. C. into smaller companies providing the same goods. D. in order to capture all efficiencies possible.

Economics

Which of the following combinations are attainable given a consumer's budget line?

a. Combinations that fall beyond the budget line b. Combinations on the midpoint of the budget line c. A combination involving the entire consumption of one good and zero consumption of the other good d. Combinations that fall on the budget line e. Combinations that fall inside the budget line

Economics

According to the textbook, the owners of restaurants encourage tipping in order to:

A. avoid playing a dominated strategy. B. insure that their waiters earn enough money. C. sustain cooperation in a repeated prisoner's dilemma. D. solve a commitment problem with their wait staff.

Economics

The questions that an economic system attempts to solve include

A) what to produce. B) how to produce items. C) for whom items are produced. D) all of the above.

Economics