Refer to the scenario above. Which country has the lowest income per capita?

Refer to Figure 16-2. Suppose Plato Playhouse price discriminates. Which of the following statements is true?

A) By charging two different prices, the theatre company has redistributed some profits from those who can pay higher prices to those who cannot, thereby increasing economic efficiency. B) By charging two different prices, the theatre company essentially allows those willing to pay higher prices to subsidize those who are not. C) Plato Playhouse will earn higher profits if it charges a single price—an average of the two prices— instead of charging two different prices to the two different groups of customers. D) By charging two different prices, the theatre company has redistributed some profits from those who can pay higher prices to those who cannot, thereby improving equity.

In 2011, the largest portions of Federal employees were in which of the following sectors?

A. Education and health care B. Police and natural resources C. Postal service and national defense D. Judicial, police, and administration