The Doing Business As name identifies a company for:
a. Bank accounts
b. Sales
c. Patents
d. None of these
b. Sales
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Government actions can cause a
A) shift in the supply curve. B) shift in the demand curve. C) reaction from firms in other countries. D) All of the above.
How does the government carry out income redistribution?
What will be an ideal response?
Briefly explain how specialization and trade can benefit nations
What will be an ideal response?
Which of the following must be true of an attorney who buys a portable computer so that she can work on trains and planes?
a. She is engaging in conspicuous consumption. b. She gets utility from working. c. She thinks the opportunity cost of her time is higher than it really is. d. She thinks the opportunity cost of her time is lower than it really is. e. She is trying to reduce the opportunity cost of traveling.