The more successful a seller is in inducing buyers to pay the maximum price they would be willing to pay rather than do without the good, the
A) closer will the seller's marginal revenue curve come to the demand curve.
B) greater will be the demand for the good.
C) more elastic will be the demand for the good.
D) more inelastic will be the demand for the good.
A
Economics
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The European Union is seen as a less than optimal currency area because
A) of a lack of labor mobility and fiscal integration. B) of a lack of fiscal integration and capital mobility. C) of disagreements over fiscal policy and trade restrictions. D) of the national identity lost with the euro.
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Social Security is financed, in part, by
a. sales taxes b. excise taxes c. payroll taxes d. alcohol and cigarette taxes e. state lotteries
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