Which of the following is included in the Pig Book?

a. New federal laws that serve only a local purpose
b. Government programs that were recently expanded
c. Legislators who regularly skip Senate hearings
d. Judges who uphold questionable legislation

a. New federal laws that serve only a local purpose

Economics

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In a long-run equilibrium where firms have identical costs, it is possible that some firms in a competitive market are making a positive economic profit

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