Patent and copyright laws encourage

a. creative activity.
b. lower prices due to decreasing average total costs.
c. competition among firms.
d. All of the above are correct.

a

Economics

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Refer to above figure. With free trade and no tariffs, what is the quantity of Widgets imported?

What will be an ideal response?

Economics

On a one-dollar bill the letter in the middle of the seal indicates the

a. currency printing batch b. year of planned removal from circulation c. district bank issuing the bill d. legal reserve requirement e. type of paper used

Economics