Consider the case of complementary goods. An increase in the demand for peanut butter can be caused by a(n)

a. decrease in consumer income
b. increase in the price of jams, jellies, and preserves
c. decrease in the price of bread
d. drought in Georgia that destroyed 30 percent of the peanut crop
e. decrease in the price of bologna

C

Economics

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Which of the following stands true of corruption?

a. Payment of money or gifts in order to receive a government service or benefit is a widespread practice only in less-developed countries. b. Corruption reduces growth most directly through government investment in projects with high productivity. c. Corrupt governments spend less on capital goods than governments that are less corrupt. d. The more competitive a country's markets are, the fewer the opportunities for corruption. e. Private investment is relatively higher in countries in which government expenditure is very high.

Economics

Table 25.2Pool SweeperOutput (Revenue)Market Share (%)North Star$20,000 Hurricane$16,000 Blue Lagoon$2,000 Clean Sweep$2,000 Refer to Table 25.2. Assume there are only four firms in the pool sweeper industry. What is the market share for North Star?

A. 20 percent. B. 50 percent. C. 5 percent. D. 10 percent.

Economics