Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in producer surplus is

The United States did not join the ICC because the U.S. government

a. disagreed with the enforcement mechanisms it put in place. b. feared the ICC would be used as a political tool against it. c. believed the ICC to be an extremely ineffective organization. d. had never been formally asked to join.

The crucial incentive to produce new ideas comes from

A) patents and copyrights. B) international trade. C) rising population growth. D) shortages of physical and human capital. E) government economic guidance.