An example of a public good is:
a. a tornado siren

Refer to the above figure. If the government uses rate-of-return regulation for the natural monopolist, the firm will charge price

A) P5 and sell Q1 units. B) P2 and sell Q1 units. C) P3 and sell Q3 units. D) P1 and sell Q4 units.

The poor in the United States are disproportionately people who

a. have less than a high school education b. have incomes that are essentially nonwage incomes c. are poor white women d. are families with over 5 children e. live in cities