What kind of table lists the quantity of a good that an individual person will buy at different prices?
a. demand schedule
b. demand curve
c. market demand schedule
e. market demand curve
Ans: a. demand schedule
You might also like to view...
The saving schedule shows the relationship of saving of households to the level of
A. disposable income. B. consumption. C. the average propensity to save. D. investment.
Figure 10-2
?
Figure 10-2 shows demand and short-run cost curves for a perfectly competitive firm. At its profit-maximizing level of output, the firm’s short-run TC is represented by area
A. ADFO. B. BGHC. C. BGIO. D. ADGIO.
The kinked demand curve exists because consumers make erratic decisions
Indicate whether the statement is true or false
Employers near military bases are aware that wives generally accompany their servicemen husbands when they are transferred. When presented with nonservice-wife applicants and wives of servicemen, they hire the nonservice-wife applicants. This is an example of
a. gender discrimination. b. statistical discrimination. c. economic discrimination. d. prejudicial discrimination.