The NCAA rule governing the limits on the amount of a scholarship a college can offer an athlete is an effective price floor

The type of tax receipts that has shown the largest growth since the end of World War II has been

A) personal taxes. B) contributions for social insurance. C) taxes on production and imports. D) corporate taxes.

A firm can sell as much as it wants at a constant price. Demand is thus:

A. perfectly inelastic. B. perfectly elastic. C. relatively inelastic. D. relatively elastic.