Differences in earnings between racial groups is due in part from differences in:
A. ability to achieve.
B. educational attainment.
C. geographical location.
D. None of these is true.
B. educational attainment.
Economics
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Which of the following is a characteristic of an oligopolistic industry?
a. interdependence of a firm's price and output decisions b. low barriers to entry c. small output of individual firms relative to the total market d. a large number of competing firms
Economics
Related to the Economics in Practice on page 67: Increased preference for quinoa would most likely shift the demand curve for quinoa to the ________ and lead to a(n) ________ in the price of quinoa, ceteris paribus.
A. left; increase B. left; decrease C. right; increase D. right; decrease
Economics