You are a sales representative for a major US multinational…

You are a sales representative for a major US multinational corporation who is trying to get a contract from the Botswana government.  You know the foreign official in charge of choosing the supplier wants to go to the final for the World Cup, which law would prevent you from giving the official a ticket to the final with the intent of influencing their decision on who to grant a contract to?

The supply of seats for an economics class at 10 a.m. is the…

The supply of seats for an economics class at 10 a.m. is the same as the supply of seats for the same class at noon.  Every student who wants to attend this class at noon can, but there is a shortage of  seats in the 10 a.m. class. If tuition does not vary by time of day, it follows that the demand for the 10 a.m. class is __________ the demand for the noon class.

Figure 5-1 ​ Supply and demand for freeway space at both 8 a…

Figure 5-1 ​ Supply and demand for freeway space at both 8 a.m. and 11 p.m. ​ ​ Refer to Figure 5-1. Suppose that the government decides to set the money price of driving on the freeway at zero, but creates programs that encourage drivers to carpool. If the carpooling program is sufficiently successful to eliminate the shortage of freeway space at 8 a.m., graphically the result of the increase in carpooling would be a