What is the primary issue with providing public goods?
a. Preventing free riding
b. Gathering public insight
c. Ensuring a constant supply
d. Monitoring public demand
a. Preventing free riding
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Increasing U.S. trade deficits result in: a. federal budget surpluses
b. increased U.S. savings. c. reduced purchases of U.S. government bonds by people in other countries. d. accumulation of dollars overseas. e. increased U.S. investment abroad.
The price of a ride on the Washington, D.C. metro depends on the time of day you ride. This is an example of
A. exploitation. B. inefficiency. C. political interference with a market. D. pricing to spread out demand.
If a firm launches a successful advertising campaign, then its
a. ATC curve shifts upward with a smaller rise at larger output levels b. ATC curve shifts upward with a smaller rise at smaller output levels c. demand curve shifts to the left and becomes flatter d. demand curve shifts to the right and becomes flatter e. demand curve shifts to the left and becomes steeper
Sonia opened a yoga studio where she teaches classes and sells yoga clothing. Fixed costs for Sonia's yoga studio include the cost of the (i) tank tops. (ii) wages paid to the other yoga instructors. (iii) lease on the studio space. (iv) insurance that the landlord requires Sonia to carry for the studio
a. (i) only b. (i) and (ii) only c. (iii) and (iv) only d. (i), (ii), (iii), and (iv)