Auto workers negotiate a wage increase. How does this wage hike affect the supply of cars?
A) It decreases the supply.
B) It increase the supply.
C) It has no effect.
D) There is not enough information to tell if the change increases, decreases, or has no effect on the supply of cars.
A
Economics
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If a product has zero external costs, then marginal social cost equal marginal private cost
Indicate whether the statement is true or false
Economics
The former food-stamp program is now the Supplemental Nutrition Assistance Program (SNAP) and eligible households now receive:
A. Vouchers for food purchases B. Specialized debit cards that get monthly deposits of electronic money from the government C. Credit cards and they forward the monthly bills to the government D. Cash payments
Economics