A long line at the campus bookstore at the beginning of the term is an example of

A) price rationing.
B) an ineffective price ceiling.
C) a non-price rationing device.
D) an ineffective price floor.

C

Economics

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A firm's demand curve for labor coincides with the:

A. marginal cost curve. B. average cost curve. C. marginal revenue curve. D. marginal revenue product curve.

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Explain why only final goods are included in GDP.

What will be an ideal response?

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