In the Malthusian model, improvements in health care lead to

A) higher population and higher per-capita production.
B) higher population and lower per-capita production.
C) lower population and higher per-capita production.
D) lower population and lower per-capita production.

B

Economics

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What is efficiency?

What will be an ideal response?

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For a monopolist, changes in demand will lead to changes in

A) price with no change in output. B) output with no change in price. C) both price and quantity. D) any of the above can be true.

Economics