A price floor is:
A. a legal minimum quantity that can be sold at a particular price.
B. a legal maximum quantity that can be sold at a particular price.
C. a legal minimum price.
D. a legal maximum price.
Answer: C
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According to your text, one reason for flat or falling achievement scores even in the face of substantially higher education subsidies may be that
A) the additional funds are being siphoned off by dishonest school board members. B) some of the funds are going to social services rather than to enhance learning activities. C) students are so unmotivated that no amount of spending will ever improve scores. D) most parents do not support the schools or their children's educational activities.
Some people worry that the fast food restaurant industry will have a harder time attracting teenage workers in the years to come because baby boomers had fewer children than earlier generations. a . Explain how fewer teenagers might lead to higher hamburger prices b. Explain how retirees, who need more supplemental income, might change your answer to part a