Should the Federal Reserve Board of Governors remain independent? What is the strongest argument on either side?
Explain is a high degree of market concentration a boon or threat to consumers? Use either the allocative efficiency or dynamic efficiency arguments.
Jane's Garage Cleaning is a perfectly competitive firm that currently cleans 40 garages a week. Jane's marginal cost is $35, her price is $40, and her average total cost is $40. Jane is