Eligibility for income assistance benefits requires a prior financial contribution from the individual covered; eligibility for social insurance programs does not

a. True
b. False

B

Economics

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Marginal benefit curves

A) have positive slopes. B) have negative slopes. C) are horizontal lines. D) are vertical lines. E) are upside-down U-shaped curves.

Economics

When deciding on output levels, members of a cartel

A) set their output where MR = MC. B) produce the same level of output as if they were in a competitive market. C) take into account the impact of changes on members' profits. D) act as if they were monopolies.

Economics