After the ban on the production and sale of alcohol ended in 1933,
a. the quality of alcohol sold declined.
b. the murder rate declined.
c. the profit rate for bootleg sellers of alcohol increased.
d. all of the above occurred.
B
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Based on the above figure, if countries "A" and "B" faced the production possibilities curves above, both countries would benefit if
A) they did not trade. B) "A" produced industrial goods, and "B" produced agricultural goods. C) "B" produced industrial goods, and "A" produced agricultural goods. D) they both produced both industrial and agricultural goods.
Suppose that the amount of portable power banks demanded increases by 10 percent when the price of personal computers falls by 5 percent. The cross price elasticity of demand between portable power banks and personal computers is
A) 0.5. B) -2.0. C) -0.5. D) 2.0.