choice question

Which of the following my result in an illegal price higher than the market price? a rent control b. minimum wages c. support prices for farm products d. all of the above Tightening (making more difficult) the standards by which the FDA decides whether a drug is safe or not will result in which of the following? a. a decrease in Type l errors b. an increase in Type l errors c. a decrease in Type Il errors d. a and b of the above e. a and c of the above The benefits of a subsidy always (you may assume a competitive market) a. exceed the costs b. fall short of the costs c. result in a fall n prices paid by buyers d. go to neither the buyers or the sellers e. b and c of the above f. c and d of the above The opportunity cost of any action is a. always equal to the accounting cost b the value of the best alternative sacrificed C. always equal to the historical cost d. the time and effort it requires e. b and d of the above