A price ceiling set above the equilibrium price is not binding
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Southwest monitors competition closely and it still has the lowest price in any given market about ___% of the time.
Fill in the blank(s) with the appropriate word(s).
Economics
According to the text, the probability of an unemployed person finding a job doubles when
A) his unemployment benefits expire. B) the economy enters a recessionary phase. C) his unemployment benefits are extended. D) he is threatened with arrest.
Economics