In a perfectly competitive market in the short run, as the market demand increases, the firms ________ their output and their economic profit ________

In the Sunday newspaper, there are usually coupons that you can clip and take to the store to save money on products. Anyone can buy a newspaper, and the value of the coupons easily exceeds the price of the newspaper for most consumers

Is this an example of price discrimination? Explain.

Give three reasons why the U.S. economy was more stable from 1950-2007 than it was prior to 1950

What will be an ideal response?