This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The black market price for a legally prohibited good will be the same whether a 1,000 fine is placed ... (Read 75 times)

mmm

  • Hero Member
  • *****
  • Posts: 558
on: Jun 29, 2018
The black market price for a legally prohibited good will be the same whether a 1,000 fine is placed on the buyer or the seller.
 
  Indicate whether the statement is true or false

Question 2

Consider the monopsony in the above figure. The 200th hour of labor creates how much added revenue per hour for the monopsony?
 
  A) 10
  B) 15
  C) 20
  D) None of the above answers is correct.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lucas dlamini

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

C


mmm

  • Member
  • Posts: 558
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

parshano

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

black swallower black swallower
Rashid Johnson, Souls of Black Folk. Rashid Johnson, Souls of Black Folk.
A typical good oxygen sensor waveform as displayed on a digital storage oscilloscope. Look for ... A typical good oxygen sensor waveform as displayed on a digital storage oscilloscope. Look for ...
Reconstruction Drawing of Trajan's Market Reconstruction Drawing of Trajan's Market
Price of Computers, 1982–2010 Price of Computers, 1982–2010
Video: Introduction to Dysrhythmia

For a complete list of videos, visit our video library