Which is not a typer of decision that can be made at the margin?
(A) Whether to leave early in the morning or late in the day for a trip.
(B) Whether or not to hire 100 new workers.
(C) Whether or not to go on a vacation.
(D) Whether to grow beans or corn on a large farm.
Ans: (B) Whether or not to hire 100 new workers.
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Refer to the scenario above. If Mary prefers fairness to money, ________
A) she will not accept any offer that Beth makes B) she will accept any offer that Beth makes C) she will accept the offer only if Beth offers her $2,500 D) she will accept the offer only if Beth offers her $5,000
During 1990–2003, as a percentage of total resource flows to developing countries, the share of official flows has
(a) remained relatively constant. (b) increased by a relatively small percentage. (c) increased by a relatively large percentage. (d) decreased by a relatively small percentage. (e) decreased by a relatively large percentage.
Franklin D. Roosevelt's nationwide "Bank Holiday" in March 1933 merely finished the job started by the governors of the states, who were already closing down the banking systems
Indicate whether the statement is true or false
Severance taxes do not allow companies to shift any the tax burden to demanders because the supply of natural resources is completely inelastic
a. True b. False