According to the above table, a surplus exists when
A) the price is $1 per unit.
B) the price is $2 per unit.
C) the price is $3 per unit.
D) the price is greater than $3 per unit.
D
Economics
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Requiring government agencies to report which company had the lowest bid for a government contract and the level of the bid,
A) can help a cartel enforce its agreement. B) can speed up the end of a cartel. C) may foster competition. D) may help a cartel to lower its price.
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A principle of Islamic economics is:
a. prohibition of charity b. give charity only to the state c. charge interest equal to risk d. prohibition of interest e. all of the above
Economics