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lyss96 lyss96
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6 years ago
Explain the concept of the law of increasing additional cost.
 
  What will be an ideal response?


Ques. 2

A free rider is someone who
 
  A) hops on the bus for free.
  B) enjoys the flowers I have planted and does not compensate me for them.
  C) creates a negative externality.
  D) buys a ticket for a movie.


Ques. 3

Refer to the above figure. If a price floor of 5 was set
 
  A) the quantity sold would be 80 units.
  B) the quantity sold would be 60 units.
  C) the quantity demanded would be 100 units.
  D) there would be a shortage of 20 units.


Ques. 4

Corrina just graduated from college, is unemployed, and looking for her first real job. This is an example of
 
  A) frictional unemployment.
  B) structural unemployment.
  C) seasonal unemployment.
  D) cyclical unemployment.


Ques. 5

The Federal Register
 
  A) itemizes state and local government spending.
  B) is used to track immigration.
  C) publishes all the new federal regulatory rules.
  D) has decreased in size.
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killmenowpleasekillmenowplease
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Posts: 303
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6 years ago
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lyss96 Author
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#2
6 years ago
Electric Light Bulb All of these are right, thanks!
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