There is no reason to think poets can't someday become as rich as professional basketball players in the market process. It is most likely to happen if
A) the supply of poets increases substantially.
B) the supply of poets decreases substantially.
C) the cost of writing good poetry decreases substantially.
D) poets are able to consistently sell out twenty-thousand-or-larger seat stadiums at thirty dollars (or more) per ticket.
D
Economics
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Predatory dumping by foreign firms is a very common phenomenon in U.S. markets
Indicate whether the statement is true or false
Economics
Suppose a tax is implemented to fund low-income housing. Which principle of taxation is most appropriate as a guide to evaluating the tax?
a. the benefit principle b. the ability-to-pay principle c. a combination of the benefit principle and the ability-to-pay principle d. the mobility principle
Economics