Low voter turnouts that appear to be a result of voter apathy may instead be a result of
A) government intervention.
B) special interest group activity.
C) cost-benefit calculations.
D) a and b
E) a, b, and c
C
Economics
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The more perfectly a monopoly can price discriminate, the
A) smaller its output and the lower its profits. B) smaller its output and the greater its profits. C) larger its output and the lower its profits. D) larger its output and the greater its profits.
Economics
A perfectly competitive firm will maximize profits (or minimize losses) so long as price (marginal revenue) is:
A) greater than marginal cost. B) greater than average fixed cost. C) greater than average total cost. D) greater than average variable cost.
Economics