According to social interest theory, ________
A) price regulations are unconstitutional
B) regulation helps markets achieve efficiency
C) monopoly practices last forever
D) unregulated firms try to avoid creating deadweight loss
B
Economics
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The price of a good will fall when:
a. there is a shortage of the good. b. there is a surplus of the good. c. demand for the good increases. d. the supply of the good decreases.
Economics
Which of the following would shift a nation's production possibilities frontier outward?
A) discovering a more efficient process to desalinate water B) an increase in the minimum wage C) a decrease in the unemployment rate D) more restrictive immigration policies
Economics