School financing arrangements are most vulnerable to being declared unconstitutional in a. State 1, where taxpayers claim they cannot afford any further increases in property taxes. b. State 2, where there is no state income tax. c. State 3, where annual revenues in all districts fall below projected needs. d. State 4, where there are substantial differences in districts' average spending per student.

Individual consumers belong to which step of choosing a target market? possible customers competition demographics communication

Which of the following statements is (are) true? i. free entry to a perfectly competitive industry results in the industry's firms earning zero economic profit in the long run, except for the most efficient producers, who may earn economic rent. ii. in a perfectly competitive market, long-run equilibrium is characterized by lmc < p < latc. iii. if a competitive industry is in long-run equilibrium, a decrease in demand causes firms to earn negative profit because the market price will fall below average total cost.

Which of the following best explains why buying a house is more beneficial than renting? a. buying is a personal investment while renting involves giving money to the landlord. b. the monthly payments on a mortgage are generally lower than rent on an apartment. c. it's easier to sell a house than it is to get a landlord to break a rental agreement. d. housing prices can go up and down quickly in comparison to the level of rents.