Refer to the diagram, assuming that the firm represented is operating on curve TC 0 . What is the user cost of extracting a unit of this resource?

The EU countries were prompted to seek closer coordination of monetary policies and greater exchange rate stability in order

A) to enhance Europe's role in the world monetary system. B) to turn the European Union into a truly unified market. C) both to enhance Europe's role in the world monetary system and to turn the European Union into a truly unified market. D) both to turn the European Union into a truly unified market and to counter the rise of Japan in international financial markets. E) to homogenize all European cultures.

In the 1970s, members of the Law and Economics program at the University of Chicago argued that

a. per se rules should be adopted by the Supreme Court and used to decide antitrust cases. b. large firms should always be broken up in order to encourage competition. c. large market shares may be due to efficient management or innovation. d. courts should "get out of the antitrust business".