The Bureau of Labor Statistics' household survey and establishment survey both yield the same results about total employment
a. True
b. False
Indicate whether the statement is true or false
False
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The current income you would sacrifice to start your own lawn-cutting business is part of the
A) cost of doing business. B) present value of your initial investment. C) opportunity cost of invested funds. D) opportunity cost of starting a business.
A certain amusement park offers a 50 percent discount to kids between the ages of 8 and 14 years. This is an example of:
A) shadow pricing. B) first-degree price discrimination. C) third-degree price discrimination. D) second-degree price discrimination.
A new cattle feed has been found to increase the amount of milk each cow produces. Which of these is a likely impact in the market for milk, if this cattle feed is used by most of the dairies?
a. A rightward shift of the supply curve for milk b. An increase in the demand for milk c. A decrease in the quantity demanded of milk d. A leftward shift of the supply curve for milk e. An increase in the price of milk
Given that shares are riskier than bonds, why do investors invest in equity?
What will be an ideal response?