Refer to the table above. What is the shortage in the market when the price of a notebook is $1?

A) 0 units
B) 10 units
C) 14 units
D) 16 units

D

Economics

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The gains made against poverty by President Lyndon Johnson's "War on Poverty" were largely reversed by:

a. welfare cuts b. an elimination of many jobs to overseas manufacturing facilities c. slower economic growth d. all of the above. e. a and c only

Economics

An example of the specificity rule in action is

A. imposing price floors on "clean" products as a way to increase the demand for these products. B. taxing the production of a product whose production creates a great deal of pollution. C. taxing the consumption of a product whose production creates a great deal of pollution. D. restricting imports to reduce environmental pollution.

Economics