With y measured on the vertical axis and x measured on the horizontal axis, the slope of a straight line is defined as
A) y/x.
B) x/y.
C) (change in y)/ (change in x).
D) (change in x)/ (change in y).
C
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Regulatory agencies engage in all of the following activities except _______
a. controlling entry into the regulated industries b. overseeing the quality of service provided by the firms c. setting federal and state income tax rates on regulated firms d. setting prices that consumers will pay e. none of the above
Electronics firms may be able to get patents on their ideas. Doing so makes their ideas
a. private goods rather than public goods. This gives people more incentive to engage in research. b. private goods rather than public goods. This gives people less incentive to engage in research. c. public goods rather than private goods. This gives people more incentive to engage in research. d. public goods rather than private goods. This gives people more incentive to engage in private research.