In an effort to make taxi drivers drive more safely in West…

In an effort to make taxi drivers drive more safely in West Virginia, the state passed a regulation effectively reducing the amount of time that cab drivers could lease a taxi from 24 hours to 11 hours. As a result, cab drivers began to drive much more frantically and continuously in an effort to make as much money as possible in this shorter lease period, which led to more traffic accidents caused by cab drivers.  This is an example of which of the following?

Consider the following information for the U.S. economy (fig…

Consider the following information for the U.S. economy (figures in billions).Table 7-2 Personal Consumption $7,761 Gross private investment 1,666 Government consumption and gross investment 2,075 Net exports −498 Indirect business taxes 339 Depreciation 1,380 Self-employment Income 834 Refer to Table 7-2. Gross domestic product is equal to

Use the table below to choose the correct answer. The table…

Use the table below to choose the correct answer. The table is a schedule of the supply and demand for coffee (both given in thousands of pounds per month). Price per Pound Quantity Demanded Quantity Supplied $6.00 25   9 $8.00 20 12 $10.00 15 15 $12.00 10 18

Thousands of people from around the world cooperate with eac…

Thousands of people from around the world cooperate with each other and work together every day to get pencils to your store as cheaply as possible so that you can buy them if you so choose.  Many of the people involved in this process don’t care about you or the pencils they are helping to create.  Which of the following does this best reflect?