A restriction on the number of people allowed to be medical doctors in the United States would most likely
A) increase doctors' fees.
B) decrease the demand for doctors.
C) decrease the demand for nurses.
D) decrease the number of people who get sick.
A
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Which one of the following statements about water pricing in the United States is true?
a. As most water utilities are monopolies, they tend to make excessive profits b. Water prices are normally set according to the average cost of providing water c. Water prices are normally set according to the marginal water cost of providing water d. Water prices are normally set according to the interaction of supply and demand e. Water prices fluctuate significantly based on changes in seasonal demands
Refer to Table 18.1. Russia has a comparative advantage in
A) gloves. B) hats. C) both hats and gloves. D) neither hats nor gloves.