Law of supply

What will be an ideal response?

There is a positive (direct) relationship between price and quantity supplied

Economics

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With pollution permits, the supply curve for pollution rights is

a. perfectly elastic. b. perfectly inelastic. c. upward sloping. d. downward sloping.

Economics

In Figure 45.4, it is clearly the case that Figure 45.4 

A. the total amount paid to workers is greater under perfect competition than unionization. B. every individual worker is better off under unionization than perfect competition. C. every individual worker is better off under perfect competition than unionization. D. the total amount of labor employed is greater under perfect competition than unionization.

Economics