This topic contains a solution. Click here to go to the answer

Author Question: The black market price for a legally prohibited good will be the same whether a 1,000 fine is placed ... (Read 85 times)

mmm

  • Hero Member
  • *****
  • Posts: 558
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
Answer to Question 1

FALSE

Answer to Question 2

C




mmm

  • Member
  • Posts: 558
Reply 2 on: Jun 29, 2018
Wow, this really help


meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

For a complete list of videos, visit our video library