Reporters from the Wall Street Journal found that the office supply store Staples charged different prices for the same product to different online customers based primarily on
A) how many times the customer had looked up the product on its Website.
B) the gender of the customer.
C) the age of the customer.
D) how close the customer's zip code was to competitors' stores.
D
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Which of the following would be most likely to cause the production possibilities curve for computers and education to shift outward?
A. A choice of more computers and less education. B. A choice of more education and less computers. C. A reduction in the labor force. D. An increase in the quantity of resources.
If the total utility from consuming the fifth unit of a product is 6 and the total utility from all five units is 162, then the total utility from consuming four units must be:
A. 168 B. 27 C. 156 D. 972
Typically, borrowers have superior information relative to lenders about the potential returns and risks associated with an investment project. The difference in information is called
A) moral selection. B) risk sharing. C) asymmetric information. D) adverse hazard.
Nonfinancial businesses may acquire funds by borrowing from a commercial bank or by ________
A) purchasing short-term assets B) issuing securities C) issuing insurance policies D) trading on an exchange