The "cost disease of personal services" phenomenon predicts that the price of tickets to baseball games and cell phone rates will increase at approximately the same rate
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Given that the firm offers both the products would the chefs ever pay the full $100 for the high-end wok
a. Yes, because they value it at $100 b. No, because they value it at $70 c. No, because they can get a positive consumer surplus buying the no-name brand d. All of the above
Economics
The Social Security tax is a tax on
a. capital. b. labor. c. land. d. savings.
Economics