The trading of votes by elected officials to secure favorable outcomes is called:

To help pay for the cost of sport related injuries, the government imposes a tax on sellers of all sports equipment. Using the above figure, how much producer surplus is lost from this tax on sports equipment?

A) abd B) acd C) P0P1ba D) P0P1da

Suppose the extra cost to a pet store of advertising one additional day each week in the local newspaper is $450

Then, the pet store should advertize that one additional day each week if doing so brings in additional revenue of $450 or more each week. Indicate whether the statement is true or false