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

Author Question: If a town has a monopsony, this means: a. there is only one employer. b. price discrimination ... (Read 167 times)

luvbio

  • Hero Member
  • *****
  • Posts: 623
If a town has a monopsony, this means:
 a. there is only one employer.
  b. price discrimination takes place.
  c. goods are priced too high.
  d. no unions can exist.
  e. excess profits are being made

Question 2

If the consumer price index (CPI) is 220 one year and 210 the next, the annual rate of inflation as measured by the CPI is approximately _____.
 a. 2.3 percent
  b. 4.6 percent
  c. 10 percent
 d. 4.8 percent
 e. 220 percent



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dpost18

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

a

Answer to Question 2

b





 

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

For a complete list of videos, visit our video library