The Elkins Act of 1903:
a. outlawed any departure from a published shipping rate.
b. made the receiver of a rebate guilty of violating the law.
c. probably reflected the wishes of a large majority of railroad companies.
d. All of the above.
d. All of the above.
Economics
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For a perfectly competitive firm, the market price of a good is
A) a given which the firm cannot change. B) determined by the firm in order to maximize its profit. C) equal to the firm's marginal revenue. D) Answers A and B are correct. E) Answers A and C are correct.
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Unemployment insurance
a. reduces search effort which raises unemployment. b. reduces search effort which lowers unemployment. c. increases search effort which raises unemployment. d. increases search effort which decreases unemployment.
Economics