In 2005, fewer than one million workers were involuntarily employed on a part-time basis
Indicate whether the statement is true or false
F
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The argument that developing countries with lax environmental standards will attract foreign manufacturers who want to escape stricter standards in their own countries is known as the pollution havens hypothesis
Indicate whether the statement is true or false
When a monopolist sells the same product at different prices and the prices are not related to cost differences, we have
A) monopoly pricing. B) marginal cost pricing. C) price discrimination. D) price differentiation.
Economies with poorly defined property rights are often inefficient because
a. individuals spend time trying to protect their resources b. there are no voluntary exchanges c. all exchanges are voluntary d. there are no side payments e. of the absence of free riders
This profit-maximizing firm is making a profit or loss of about ________.
A. $200
B. $280
C. $400
D. -$280