The ________ consumers make decisions about whether to purchase that ________ affected by small changes in price or quality, therefore a quality improvement for these consumers is not profitable.

A. inframarginal; are

B. inframarginal; are not

C. marginal; are

D. marginal; are not


B. inframarginal; are not

Economics

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An indirect tax is exemplified by

A) an income tax. B) a sales tax. C) a subsidy. D) None of the above answers is correct.

Economics

The quantity of real GDP demanded increases if _______

A. the buying power of money increases B. the money wage rate rises C. the price level falls D. the nominal interest rate falls

Economics

One way to raise the money price of throwing a bean-ball (a pitch aimed at the batter's head) is to:

A. allow batters hit by balls to walk. B. eliminate designated hitters. C. institute a fine for bean-balls. D. add designated hitters to the National League.

Economics

The components of option premiums are:

A. Intrinsic value, if any B. Time value, if any C. The sum of (A) and (B) D. The strike price and brokerage commission

Economics