In a free market system rationing occurs when there are increases in ?
In a free market system rationing occurs when there are increases in ?
A. price
B. quantity
C. demand
D. supply
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The sacrifice involved when you choose a particular course of action is called the ?
The sacrifice involved when you choose a particular course of action is called the ?A. Alternative
B. Opportunity cost
C. Consumer cost
D. Producer cost3M runs a Pollution a Prevention Pays program that has led to a substantial reduction in pollution and costs this would be an example of responding and costs. This would be an example of responding to which of the following ?
3M runs a Pollution a Prevention Pays program that has led to a substantial reduction in pollution and costs this would be an example of responding and costs. This would be an example of responding to which of the following ?A. Nader’s raiders
B. The green movement
C. Governmental regulation
D. International competitionThe policy cartel on debt reduction refers to the_______________?
The policy cartel on debt reduction refers to the_______________?A. screening of debtors based on their regional location
B. World Bank requiring LDCs seconded by a DC to get loan reduction
C. loan denial to crisis-stricken highly indebted countries
D. None of the aboveEconomic integration ?
Economic integration ?A. occurs when countries are granted most favored nation status
B. occurs when one country voluntarily agrees to reduce its exports to another country
C. occurs when two or more nations join to form a free-trade zone
D. Occurs when countries develop an acquired comparative advantage that makes their industries more competitive in international marketsIf a government were to fix a minimum wage for adult workers, economists would predict ?
If a government were to fix a minimum wage for adult workers, economists would predict ?A. wages in general would fall as employers tried to hold down costs
B. fewer young workers would be employed
C. the costs and prices of firms employing cheap labour would increase
D. there would be more unemploymentA public good ?
A public good ?A. Is provided by the government
B. Is free
C. Has the properties of being non-excludable and non-diminishable
D. Gas external costs