The following table depicts both the product and labor markets for imported coffee. What is the total revenue when 15 workers per day are hired?

In New State, the bottling law requires that people get a refund of five cents when they return an empty bottle or can. Why does the state pay people to return bottles? In your answer, be sure to mention the role played by incentives

What will be an ideal response?

To earn profits, the market maker must

a. bid high, ask low b. bid low, ask high c. equalize the bid and ask price d. not create the market