The Bali, Indonesia bombing by Al-Qaeda, which struck a U.S. target that was lightly defended, was an example of the "rational terrorist's"
A. marginalist technique.
B. diversion technique.
C. substitution effect.
D. compression effect.
Answer: C
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Negative values of the price elasticity of demand of a good can be attributed to:
A) the Law of Demand. B) the Law of Supply. C) the Law of Increasing Marginal Utility. D) the Law of Diminishing Marginal Rate of Substitution.
Which of the following statements is true?
A) A direct relationship has a negative slope value. B) A straight line has a slope of one. C) A curved line has slope values that change at every point. D) An inverse relationship has a positive slope value.
The total value added in the production of a final good
a. exceeds the price of the final good. b. equals the price of the final good. c. exceeds the total payments made to owners of productive resources used in the production. d. both equals the price of the final good and exceeds the total payments made to owners of productive resources used in the production.
In fisheries management, a fishery is defined as:
A. an operation that breeds and releases fish and other marine animals into the wild. B. a stock of fish or other marine animals that can be thought of as a logically distinct group. C. a company that harvests fish or other marine animals. D. a government organization that regulates the harvesting of fish and other marine animals.