Which price would you expect to rise the most in a high-income growing economy?

a. semiconductors for personal computers
b. tickets to a ballet performance
c. passenger automobiles
d. Blu-ray players

b

Economics

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A profit-maximizing monopolist produces an output level that is allocatively inefficient because

a. price is greater than marginal cost b. price is less than marginal cost c. marginal revenue is greater than marginal cost d. marginal revenue is less than marginal cost e. consumers wish to purchase all that is produced

Economics

The reason poor, young, unmarried women allow themselves to get pregnant is so they can get on welfare, according to conservatives like ____________.

Fill in the blank(s) with the appropriate word(s).

Economics