Refer to the information provided in Figure 4.3 below to answer the question(s) that follow. Figure 4.3Refer to Figure 4.3. A nonprice rationing system such as queuing must be used to ration the available supply of pencils if the government will not allow retailers to charge more than ________ for a pencil.

One reason China has been able to grow so rapidly even though its financial development is still in its early stages is

A) the high savings rate of around 40%. B) the shift of labor to the agricultural sector. C) the stringent enforcement of financial contracts. D) the ease of obtaining high-quality information about creditors.

To be effective, pure bundling requires firms to be able to separate consumers into separate markets

Indicate whether the statement is true or false