Under some relative definitions, poverty will persist as long as income inequality does

Refer to Figure 5-5. Suppose the current market equilibrium output of Q1 is not the economically efficient output because of an externality. The economically efficient output is Q2. In that case, diagram shows

A) the effect of an excess demand in a market. B) the effect of a subsidy granted to producers of a good. C) the effect of a positive externality in the consumption of a good. D) the effect of a negative externality in the consumption of a good.

If a manager of a firm believes one of their firm's suppliers is engaged in cartel activity, the manager ________ an incentive to report the behavior because they can ________.

A) has; have to pay whistle -blower fees B) does not have; receive treble damages C) has; receive treble damages D) does not have; have to pay whistle-blower fees