Supply-side fiscal policies were advocated by the Reagan administration

For effective price discrimination to occur, a seller must

a. be a pure monopolist. b. have large economies of scale and control over a key natural resource. c. face a horizontal demand curve for its product. d. be able to prevent consumers from reselling the product to other consumers.

The new growth theory would be most likely to lend support for increased government support for

A. land acquisition. B. natural resource development. C. stricter environmental standards. D. higher education.