If Armenia can make 500 hats or 250 coats or some combination, and Estonia can make 400 hats or 100 coats or some combination, then   

If after many arguments I agree not to play loud music after 10 p.m. in return for you buying me lunch once a month

You see that the price of Clemson football season tickets increase by 30% but there are 200 fewer tickets sold during each game day compared to previous years. What is the elasticity of demand for Clemson football season tickets?

Which of the following would increase the demand for sunscreen? 

Why are taxes so often imposed on things like cigarettes or gasoline?  

You are a student at Weatherford College.

If Clemson raises the price of on-campus parking, you would expect to see  

In 2022, a bipartisan group of lawmakers passed the CHIPS Act, which devoted $52 billion to expanding U.S. semiconductor manufacturing and research. Think of this as a subsidy. Think like an economist, this subsidy will be more helpful to U.S. manufacturers that consumers of semiconductors if            

The loss in surplus from taxation (or price controls) is termed a “deadweight loss” because

Aaron says, “I thought that when price rises, demand decreases. But the price of houses has risen substantially and consumers are buying more houses than ever!” Where is Aaron going wrong?