The NFL Ticket Exchange is an attempt by the NFL
A. to extend its monopoly in the primary ticket market to the secondary market.
B. to capture profits made in the secondary market.
C. to appear to charge lower ticket prices while effectively charging higher prices.
D. all of these.
Answer: D
Economics
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At the end of last year the Consumer Price Index was equal to 157.5 and at the end of this year it was equal to 163.8. What is the inflation rate over this time period?
A) 6.3 percent B) 4.0 percent C) 3.85 percent D) 10.1 percent
Economics
The cost of a variable input, such as the wage paid to workers, decreases. This decrease shifts the
A) total fixed cost curve downward. B) marginal product of labor curve downward. C) average variable cost curve downward. D) marginal product of labor curve upward.
Economics