Another name for plurality voting is:

A. pair-wise majority voting.
B. instant runoff voting.
C. approval voting.
D. first-past-the-post voting.

Answer: D

Economics

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A single-price monopolist will produce the output at which ________

A) marginal revenue equals marginal cost B) demand is perfectly inelastic C) marginal revenue is zero D) demand is inelastic but not perfectly inelastic

Economics

If price is less than the average variable cost, firms that seek to maximize profit should shut down

a. True b. False Indicate whether the statement is true or false

Economics