The states that were hit hardest by the bank failures of the late 1980s

a. were primarily dependent on agriculture and the oil industry
b. were primarily dependent on tourist revenues
c. were located on the West coast
d. were primarily dependent on fishing
e. were located in the Northeast

A

Economics

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How are the patterns of international trade, that is the pattern of what different countries export and import, explained?

What will be an ideal response?

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Why would we be likely to observe dentists engaging in price discrimination?

a. Dental care is expensive. b. All dentists are basically alike. c. It is very important to exercise care in choosing a dentist. d. It is nearly impossible to resell the services of a dentist. e. The demand for dentists is very inelastic.

Economics