Historically, price discrimination was aggressive behavior exhibited by whom? The
(a) monopolist
(b) mom and pop business person
(c) manager of a large group of industrial workers
(d) corporation
(a)
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Positive analysis can be described as
A) the study of whether people respond to positive incentives. B) the study of whether people respond to negative incentives. C) a value-free approach to inquiry. D) a study that is not tested empirically.
A basic conclusion of Keynesian analysis is that
A. Small macro disturbances can lead to much larger macro problems. B. The economy self-adjusts to reach full employment and a stable price level. C. Equilibrium GDP is consistent with price level stability. D. Equilibrium GDP is consistent with full employment.
Refer to the figure below. Suppose that the marginal benefit of writing a contract is $100 and the marginal cost of that contract is $100. Based on this information, the optimal contract length should be: 
A. increased by two-thirds. B. increased by half. C. decreased. D. held constant at the contract length where MB = 100 and MC = 100.
An example of an externality associated with prostitution is
A. the increased likelihood that a client will contract a disease. B. the increased likelihood that the prostitute will contract a disease. C. the costs of protection for clients of the prostitute. D. the increased likelihood that a client's partner will contract a disease.