There is currently a price ceiling in the market for transplanted kidneys, which has helped to create a shortage of transplanted kidneys

Consider the following situation. Tuition at State University is $10,000 per year. Each of the students listed below paid their own tuition bills. Who among them incurred the greatest sunk cost?

A) The student who received a two-year associate's degree B) The student who took five years to complete the bachelor's degree C) The student who took ten years to complete the bachelor's, master's, and Ph.D. degrees D) The student who dropped out during their first semester E) The student who dropped out after their third year

When two goods have negative cross elasticities of demand and positive income elasticities, they are: a. Normal and substitutes

b. Normal and complements. c. Inferior and substitutes. d. Inferior and complements.