If the price of a good is 0, a consumer will
a. consume all units that have positive total utility
b. consume an infinite quantity
c. consume all units with positive marginal utility
d. consume the entire amount supplied
e. consume until total utility becomes 0
C
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In the case of banks, "living wills" spell out:
A) how a bank would sell its assets and pay of its creditors in the event of shutdown. B) the amount of bank resources to be retained as stockholders' equity. C) the long term business development plans of systematically important financial institutions. D) the balance sheet of systemically important financial institutions.
Assume the players in a game have reached a Nash equilibrium. It is then reasonable to assume that each player has chosen its dominant strategy
Indicate whether the statement is true or false
Refer to Figure 14.2. Other things equal, an increase in worker productivity would best be represented by a movement from
A) point A to point B. B) point B to point A. C) point C to point A. D) point C to point B.
U.S. investment is financed from
What will be an ideal response?