As the number of players grows, the costs of game playing fall
Indicate whether the statement is true or false
False
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Tie-in sales are most advantageous to the seller when
A) the demands for the two goods are negatively correlated. B) the demands for the two goods are positively correlated. C) the demands for the two goods are unrelated. D) there are economies of scope.
Free trade is ________, because it ________ the size of the pie available to the economy.
A. efficient; decreases B. inefficient; decreases C. inefficient; increases D. efficient; increases
The price of coffee is always equal to one-half the price of tea. When we plot the budget line for coffee and tea, coffee is plotted on the horizontal axis. What is the slope of this budget line?
A) -1/2 B) 1/2 C) -2 D) 2
Output per person on a country level is another way to think about:
A. real GDP per capita. B. nominal GDP. C. productivity. D. GDP growth rates.