To counter parents' concerns about fast foods and childhood obesity, McDonalds considered:
A) a variety of menu items such as milk shakes and candy.
B) a variety of menu items such as apple slices, fruit juices, peanut butter and jelly sandwiches, and carrot sticks.
C) not changing the menu.
D) all of the above.
B
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Refer to the table above. What is the firm's marginal cost when it produces 55 units of the good?
A) $0.33 B) $0.50 C) $0.66 D) $0.75
When we study choice architecture, we recognize that people make:
A. choices that rarely maximize their well-being. B. mistakes in seemingly random ways. C. mistakes in common and predictable ways. D. choices which always maximize their well-being.
If the United States legally allowed for a market in transplant organs, it is estimated that one kidney would sell for at least $100,000
a. True b. False Indicate whether the statement is true or false
The expenditures or output approach to GDP measures it by summing:
a. Compensation of employees, rents, interest, dividends, corporate profits, proprietors' income, and indirect business taxes, and subtracting the consumption of fixed capital b. Compensation of employees, rents, interest, dividends, undistributed corporate profits, proprietors' income, indirect business taxes paid, consumption of fixed capital, and net foreign factor income earned in the United States c. The total spending for consumption, investment, net exports, and government purchases d. The total spending for consumption and government purchases, but subtracting public and private transfer payments