The market surplus induced by price supports can be eliminated through all of the following except

The poverty rate for African Americans has remained approximately equal in the U.S. since the late 1950s

a. True b. False Indicate whether the statement is true or false

Which of the following does not explain why consumers buy products that many other consumers are already buying?

A) network externalities B) the satisfaction people derive by being viewed as "fashionable" C) cost-effective way to gather information about a product D) differences in tastes and preferences