The figure above shows supply curves for soft drinks. Suppose the economy is at point a. A movement to point c could be the result of
A) a decrease in technology.
B) a decrease in the relative price of a soft drink.
C) an increase in the relative price of a soft drink.
D) an increase in the money price of a soft drink.
B
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Logrolling may result in
A) creating limited incentives for policymakers to consider the immediate consequences of their proposed legislation. B) legislation that yields economy-wide benefits, the funding for which is borne primarily by a few of the smallest states. C) members of Congress selling their votes on proposed legislation to the highest bidder. D) a majority of Congress supporting legislation that benefits the economic interests of a few, while harming the economic interests of a much larger group.
Sample selection bias occurs when
A) the choice between two samples is made by the researcher. B) data are collected from a population by simple random sampling. C) samples are chosen to be small rather than large. D) the availability of the data is influenced by a selection process that is related to the value of the dependent variable.