Examlex
A price support set above the equilibrium price does which of the following?
i.decreases producer surplus
ii.decreases consumer surplus
iii.decreases the marginal cost of the last unit produced
Conflict
A serious disagreement or argument, typically a prolonged one, which may occur between individuals, groups, or nations.
Gunboat Diplomacy
The use of naval power or the threat thereof to influence the behavior of other states, often to achieve foreign policy objectives without actual conflict.
Anthony Burns
An African-American fugitive slave whose arrest and trial in Boston in 1854 increased opposition to the Fugitive Slave Act and fueled the abolitionist movement.
Levi Strauss
A German-American businessman who founded the first company to manufacture blue jeans, known for his denim pants and contributions to the apparel industry.
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