In the cable TV service industry, end users are
A) advertisers only.
B) cable TV subscribers only.
C) both advertisers and cable TV subscribers.
D) no one.
Answer: C) both advertisers and cable TV subscribers.
Economics
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Economic growth is best measured by increases in
A) per capita real Gross Domestic Product (GDP). B) nominal personal income. C) nominal Gross Domestic Product (GDP). D) per capita nominal Gross Domestic Product (GDP).
Economics
In the above figure, a rent ceiling of $300 per month would
A) not affect the equilibrium quantity. B) result in a surplus of 7000 units. C) result in a shortage of 7000 units. D) result in a shortage of 2000 units.
Economics