The reason cigarette taxes would impact kids more than adults is that adult demand is ________ elastic than demand by kids.

Which of the following statements is correct?

A) An increase in productivity moves the economy from inside the production possibilities frontier to the frontier itself. B) A reduction in unemployment shifts the entire production possibilities frontier outward. C) An increase in unemployment shifts the economy from a point outside the production possibilities frontier back to the production possibilities frontier. D) An increase in productivity shifts the economy from producing at a point on the production possibilities frontier to a point outside the production possibilities frontier. E) An increase in unemployment shifts the economy further inside its production possibilities frontier.

From a purely economic point of view, discrimination is established if: a. black teenagers earn more than white teenagers do

b. all factors are earning an amount equivalent to their marginal revenue product. c. women earn less than men do. d. equivalent factors earn different payments for equal contributions to output.