John wants to estimate the market potential for a low-carbohydrate fruit juice in the U. S. His research shows that 50% of the population of the U. S. drinks fruit juice; 10% of all fruit juice drinkers are interested in low-carb juice; the amount of fruit juice consumed per month by those who drink juice is 2 gallons; and the average price per gallon is $5. Assuming that the total population of the U. S. is 300 million, the market potential for low-carb fruit juice per year estimated by John is

Policymakers are provided data about the private and social benefits of a good being sold in the market. quantity private mb ($) social mb ($) 6 6 9 7 4 7 8 2 5 9 0 3 what is the size of the externality? if the externality is positive, enter a positive number. if negative, make it a negative number. $ given this data, policymakers must decide whether to address the associated externality with a subsidy or a tax. as their economic consultant, which of the two policy tools would you recommend? a subsidy a tax

Shawn received an e-mail offering a great deal on music, movie, and game downloads. he has never heard of the company, and the e-mail address and company name do not match. what should shawn do?

Abeverage company puts game pieces under the caps of its drinks and claims that one in six game pieces wins a prize. the official rules of the contest state that the odds of winning a prize are is the claim "one in six game pieces wins a prize" correct? why or why not? 1: 6.