In the United States, the current dollar price of transplantable organs is:
a. zero
b. indeterminate.
c. determined by the market mechanism.
d. dependent on the supply of organs.
a
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Suppose that a new advertising campaign extolling the virtues of apple juice is successful, and a major freeze destroys half of the country's apple cro
A) The equilibrium price of apple juice might rise or fall and the equilibrium quantity of apple juice falls. B) The equilibrium price of apple juice rises and the equilibrium quantity of apple juice might rise or fall. C) The equilibrium price of apple juice falls and the equilibrium quantity of apple juice might rise or fall. D) The equilibrium price of apple juice might rise or fall and the equilibrium quantity of apple juice rises.
Usually the demand for labor decreases (that is, the demand for labor curve shifts leftward) if the
A) wage rate increases. B) wage rate decreases. C) price of the firm's output rises. D) prices of other factors fall.