Settlers often received 50 acres of land for each person whose passage they paid to America. This was known as

a. a special purpose grant.
b. an entailment.
c. the headright system.
d. planter's shares.

c. the headright system.

Economics

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If a good's demand function is Q = 30 - 3P, then calculate the price elasticity of demand when

a. good price is $3 using the point elasticity formula b. good price is $4 using the point elasticity formula c. good price decreases from $4 to $3, using the arc elasticity formula d. good price is $5, using the point elasticity formula e. good price increases from $4 to $5, using the arc elasticity formula

Economics

The government of Marina imposes a tax on alcoholic beverages because of the increasing costs of sending first responders to accidents that are caused by drunk driving. This is an example of a _____

a. cap-and-trade tax b. corrective tax c. gift tax d. property tax

Economics