A guarded barbed wire fence separates East and West Bovinia. Soccer players are paid twice as much in West Bovinia as in East Bovinia. This is an example of
a. inelastic supply
b. a temporary resource price differential
c. a permanent resource price differential
d. diminishing marginal revenue product
e. economic rent
Question 2
Depletion of tropical rainforests is an example of
a. a negative externality
b. the use of variable technology
c. adverse selection
d. the use of fixed technology
e. a clearly defined property right
Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The
A photograph of Commodore Matthew Perry in 1855 juxtaposed with a Japanese portrait of him. When Per
A mother dies, a father loses his leg—such calamities shattered poor urban families. Orphaned street
L. Frank Baum, author of The Wonderful Wizard of Oz (1900) and a fan of William Jennings Bryan, perh
West nomogram for estimation of surface areas.
An aluminum wire has a length of 27.0 m and a resistance of 2.90 n at 20.00C. As