The assumption that wages change more slowly than prices provides an argument for the

Coffee is an example of a product that has been successfully labeled and marketed based on its production method or environmental protection

Indicate whether the statement is true or false

Inspired by the beautiful private tennis courts of some of its residents, the town of Lakeland built a pristine tennis park with five courts. Within three years the nets had been torn down, trash was piled everywhere, and graffiti was written on the courts. This story demonstrates the concept of the ______.

a. lemon problem b. tragedy of the commons c. moral hazard d. adverse selection