Changing consumer taste and preferences, lawsuits, and competitive pressures adversely affect McDonald's sales
Indicate whether the statement is true or false
TRUE
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Which of the following would be a private cost to a cigarette manufacturer?
a. price of leaf tobacco b. cost to the government of the hospital expenses of indigent smokers c. increased risk of cancer to the nonsmoking passengers in the smoker's car pool d. price of a pack of cigarettes e. loss in utility received because the smoker must stand outside her office building in the winter to smoke
The________point is the total output or total product the business needs to sell in order to cover its total costs.
Fill in the blank(s) with the appropriate word(s).
When does a woman experience lactation?
A. During fertilization B. After ovulation C. During labor and delivery D. After childbirth
Which of the following would most likely cause a rightward shift in an economy's aggregate supply curve?
A) An increase in interest rates B) A tax increase of 50 cents per gallon for gasoline C) An across-the-board reduction of wages in the manufacturing sector D) The passage of legislation mandating a reduction in automobile pollution E) The shutdown of plants and movement of production of goods abroad