Since 1970, the world Gini ratio has ________ indicating that the world distribution of income has ________.
A) risen; become more equal
B) fallen; become more equal
C) risen; become less equal
D) not changed; not changed
Question 2
In the above figure, for a single-price monopolist producing at its profit-maximizing equilibrium price and quantity, the price elasticity of demand at this equilibrium will be
A) greater than 1 and the monopolist's total revenue is maximized.
B) less than 1 and the monopolist's economic profit could be larger.
C) equal to 1 and the monopolist's total revenue is maximized.
D) greater than 1 and the economic profit is maximized but the total revenue is not.
Smallest chameleon in the World
World map of the distribution of skin color.
World Population Growth, Past 10,000 years
At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da
How Much Food Does the World Produce Per Person?
The Frequency Distribution Curve of a Drug