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Author Question: The black market price for a legally prohibited good will be the same whether a 1,000 fine is placed ... (Read 83 times)

mmm

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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.


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lucas dlamini

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Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

C


mmm

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

olderstudent

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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