Of the following countries, which had the highest level of GDP per capita in 2014?
A) the United States B) Italy C) France D) Japan
A
Economics
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Which area in the above figure shows the producer surplus at the price and quantity that would be attained if the industry were perfectly competitive?
A) A + B + C + D + E B) C + D + E + F + G + H C) F + G + H D) F + G + H + I + J + K
Economics
Recall the Application about federal quality standards in the market for kiwifruit to answer the following question(s).Recall the Application. Why were there so many "lemon" kiwifruit in the U.S. market?
What will be an ideal response?
Economics