Compared with the average man, the average woman pays
A) less for health insurance but more for life insurance.
B) less for life insurance but more for health insurance.
C) more for life and health insurance.
D) less for life and health insurance.
B
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Pizza producers charge one price for a single pizza and almost give away a second one. This is an example of
A) monopoly. B) a barrier to entry. C) behavior that is not profit-maximizing. D) price discrimination. E) rent seeking.
Perhaps it's not a problem at all, but if "too much choice" is a problem for consumers, it would occur in which market structure(s)?
a. perfect competition b. monopoly c. monopolistic competition d. perfect competition and monopoly e. not enough information
Straker Industries estimated its short-run costs using a U-shaped average variable cost function of the formAVC = a + bQ + cQ2and obtained the following results. Total fixed cost (TFC) at Straker Industries is $1,000. 
At what level of output is average variable cost (AVC) at its minimum point for Straker Industries?
A. 7 B. 14 C. 0.14 D. 28 E. 4.7
Which of the following statements concerning saving is true?
A. A country's saving rate is unrelated to its growth rate. B. A country's growth rate is unrelated to its national income. C. An increase in the rate of saving will lead to a reduction in consumption in the short run and in the long run. D. An increase in the rate of saving decreases gross domestic income by reducing current consumption but increases current and future gross domestic income through investment in capital goods.