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
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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.
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
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.
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