The table above has the domestic demand and domestic supply schedules for a good. According to the table, the no-trade price of the good is
A) $4.
B) $6.
C) $8.
D) $10.
E) $2.
B
Economics
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When a business fails to cover sunk costs, it usually
A) declares a stock split. B) declares bankruptcy. C) does not immediately stop operating. D) stops operating until sunk costs are recovered.
Economics
All else the same, if a bank's liabilities are more sensitive to interest rate fluctuations than are its assets, then ________ in interest rates will ________ bank profits
A) an increase; increase B) an increase; reduce C) a decline; reduce D) a decline; not affect
Economics