Which of the following is the best example of a public good?
a. Cars. b. Education.
c. Radios. d. Air traffic control.
d
Economics
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A monopolist is producing at an output level at which MR = $6 and MC = $9. It could increase profits
A) by increasing both output and price. B) by reducing output and by increasing price. C) by reducing both output and price. D) by increasing output and by reducing price.
Economics
Industrially advanced countries can best help developing countries by:
A. Establishing price supports for the products produced by DVCs B. Increasing tariffs and quotas on products produced by DVCs C. Increasing the flows of private capital to DVCs D. Increasing control over DVCs' capital markets
Economics