Identify whether each of the following activities takes place in the markets for goods and services or markets for factors of production. Sharon spends $40 to get a haircut.
Amy earns a profit of $5,000 from her grocery business.
Lucia pays a storekeeper $1 for a quart of milk.
Kenji earns $12 per hour working at a salon.

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.

Arecession is defined as a period in which

What do you think: would it be more profitable to own 200 shares of penny’s pickles or 1 share of exxon? why do you think that?