I have been getting no where in looking these up...I would appreciate it if someone could kindly help me on these 2 problems....Thanks much :)
1. The "quota rent" refers to __________.
a) the difference between the demand price and the supply price at the quota limit.
b) the rent received by...
Explain the impact on the market for surfboards in Southern California -- Suppose the shark feedings did have a material and negative effect on demand - What would happen to the price of surfboards as a result of the curve shift???
Can someone please help me on this? I would really appreciate...
Describe some of the opportunity costs when you decide to do the following:
a) Attend college instead of taking a job.
b) Watch a movie instead of studying for an exam.
c) Ride the bus instead of driving your car.
Thanks! I been looking these up for almost 2 days now and I am getting exhausted...