Acme Inc found a tricky way to conform to the letter of the law with respect to new EPA regulations, even though they violated the spirit of the law. This is called
A) the capture theory.
B) collusive response.
C) share-the-gains, share-the-pains theory.
D) creative response.
D
Economics
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The price of pineapples has risen dramatically. Which of the following is likely to happen?
A) The quantity of pineapples supplied will decrease. B) The supply of pineapples will increase. C) The supply of pineapples will decrease. D) The quantity of pineapples supplied will increase.
Economics
On a straight-line production possibilities frontier, which of the following is true?
a. The problem of scarcity does not exist. b. Resources are imperfect substitutes. c. Opportunity costs are constant. d. Technology is rapidly expanding. e. Some resources are not being used efficiently.
Economics