One of the biggest benefits of a market-based economy is
A. centralized planning.
B. the ability to adapt quickly to change.
C. consumer protection policies.
D. government regulation.
Answer: B
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What might cause a demand curve to shift to the right?
A. An increase in the price of a substitute. B. A decrease in the price of a substitute. C. An increase in the price of a complement. D. An increase in the product's own price.
Junkfood Jill spends all of her income on jellybeans and cola. Suppose that Jill's income is $30, the price of a bag of jellybeans is $6, and the price of a bottle of cola is $2
If bags of jellybeans are graphed along the vertical axis and bottles of cola are graphed along the horizontal axis, what is the slope of the budget line? A) 3 B) -3 C) 1/3 D) -1/3
A(n) _______________ is the subsystem of ecology that emphasizes the relationship between organisms and their environment
a. Ecosystem b. Carbon footprint c. Biology d. Socio-psychology
The optimal amount of studying is determined by comparing:
A. total benefit and the total cost of studying. B. marginal benefit and the total benefit of studying. C. marginal benefit and the total cost of studying. D. marginal benefit and the marginal cost of studying.