Refer to Table 3.2, which shows some costs and benefits of having your car repaired. Suppose you use your car to deliver pizzas. If you earn $10 per hour delivering pizzas, what is the net benefit of 3 hours of car repairs?





A. $875



B. $1540



C. $905



D. There is not enough information to determine the net benefits.

A. $875

Economics

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Which of the following clearly restricts competition?

A) A government policy restricting entry into the market B) A government policy that reduces tariffs on foreign imports C) A business sets price below cost. D) A business sets price above cost. E) Any business pricing scheme that successfully draws customers away from its rivals

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If the nominal interest rates rises, then the inflation rate must have increased

a. True b. False Indicate whether the statement is true or false

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