A demand curve for a Giffen good would be

A) upward sloping.
B) downward sloping.
C) horizontal.
D) vertical.

A

Economics

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There are substantial racial differences in college attendance, within income classes

Indicate whether the statement is true or false

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Suppose there is a single market maker in this market. What is the optimal bid-ask spread?

a. $6 bid; $12 ask b. $7 bid; $11 ask c. $8 bid; $10 ask d. $9 bid; $9 ask

Economics