Price cap regulation does not provide incentives to firms to minimize their costs because firms cannot change prices. sets the maximum price these firms can charge. gives firms the incentive to exaggerate their costs. Both answers does not provide incentives to firms to minimize their costs because firms cannot change prices and gives firms the incentive to exaggerate their costs are correct. Both answers does not provide incentives to firms to minimize their costs because firms cannot change prices and sets the maximum price these firms can charge are correct.

Gary becker's controversial the economics of discrimination concludes that price discrimination has no effect on final profits. price discrimination benefits monopolies. labor discrimination in hiring results in more efficient allocations of production. discrimination in hiring practices has no effect on final profits. labor discrimination harms firms that practice it due to increased labor costs. price discrimination harms monopolies, which refutes over two centuries of economic theory.

Jamie is saving for a trip to europe. she has an existing savings account that earns 3 percent annual interest and has a current balance of $4,200. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,600 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 6 percent. a. if jamie were to withdraw the $1,600 from her savings account to finance the trip, how much interest would she forgo? .b. if jamie borrows the $1,600 how much will she pay in interest? c. how much does the trip cost her if she borrows rather than dip into her savings?

20. to add body to a hearty broth, you may use a. onions. b. pasta. c. cheese. d. water.