The major problem with direct controls as an environmental protection measure has been

Suppose the cost of a CD is $20. As online retailers enter the market with new technology, the price of CDs ________, and traditional music stores find that ________

A) decreases; their AVC exceeds the new lower price and they exit the industry B) decreases; their ATC curve shifts lower and their profit increases C) increases; they compete with online retailers at the new higher price D) increases; their costs have risen due to the new technology E) decreases; they compete with online retailers with higher profits

The "true" costs of inflation to an economy include all of the following except:

A. higher relative prices. B. noise in the price system. C. shoe-leather costs. D. unexpected redistribution of wealth.