Which of the following is not an example of a transfer payment?

A) health insurance payments to an army private B) social security payments to disabled persons
C) unemployment insurance payments D) social security payments to retirees

A

Economics

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Explain how network externalities act as a barrier to entry

What will be an ideal response?

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The owner of a bakery decides to drop the price of lemon cakes by 5%, how much does quantity sold have to rise to stop the revenue from decreasing

a. 2% b. 3% c. 4% d. 5%

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