Tris owns the only auto repair shop on Lonely Island. Tris is a single-price monopoly, so Tris operates on the ________ part of the ________ curve

A) elastic; supply
B) inelastic; supply
C) inelastic; demand
D) elastic; demand

D

Economics

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Which is true concerning U-2?

i. It does not count marginally attached workers as unemployed. ii. It counts as unemployed workers who were laid off. iii. It is smaller than U-3. A) i only B) i and iii C) i and ii D) i, ii and iii E) ii and iii

Economics

Malthus was too pessimistic because he did not foresee the effects of

A) ever increasing amounts of land for cultivation. B) increases in the capital stock and the effects of such increases on production. C) improved nutrition and health care. D) improved family planning practices.

Economics