Economics examines the options open to households, business firms, governments, and entire societies by the limited resources at their command
a. True
b. False
Indicate whether the statement is true or false
True
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The costs of organizing all the affected parties so that bargaining can take place are called
A) search costs. B) collectivization costs. C) negotiation costs. D) monitoring and enforcement costs.
Mr. Scrooge owns assets worth $100 million. The rate of return on his assets is 5 percent per year. Mr. Scrooge's wealth is ________, and his income is ________
A) $5 million a year; $100 million B) $100 million; $5 million a year C) $100 million; $105 million D) $5 million a year; $100 million a year
A large national debt can lead to a nation to bequeath less capital to future generations.
Answer the following statement true (T) or false (F)
Refer to the information provided in Figure 8.8 below to answer the question(s) that follow. 
Figure 8.8 Refer to Figure 8.8. If this farmer produces the profit-maximizing level of soybeans when the market price is ________ per bushel, then her profit would be $0.
A. $2 B. $8 C. $9 D. $12