The U.S. Postal Service enjoys a monopoly position because of patent rights
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Which of the following would illustrate an example that leads to high transaction costs when dealing with pollution?
a. air quality in New York City b. water pollution caused by a large number of firms at a location near the same river c. noise pollution from aircraft near a busy airport d. all of the above
Economics
___________ economics led to the creation of the communist state in Russia, Cuba, and other nations.
A. Malthusian B. Marxist C. Smithian D. None of these choices are correct
Economics