When the government establishes a minimum price for an agricultural product above the equilibrium price, the government is creating a(n)

A) price ceiling.
B) elevated price.
C) price floor.
D) surplus price.

C

Economics

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Efficient markets theory suggests that purchasing the published reports of financial analysts

A) is likely to increase one's returns by an average of 5 percent. B) is likely to increase one's returns by an average of about 3 to 5 percent. C) is not likely to increase financial returns. D) will increase financial returns in the first year but not in following years.

Economics

Jim is haggling with a car dealer on the price of a used car. If the dealer is getting a bonus per sale made, in addition to the commission, the storekeeper's

a. Disagreement value increases b. Eagerness to agree increases c. Disagreement value decreases d. Both B&C

Economics