Dean should play golf instead of preparing for tomorrow's exam in economics if:
A. he is irrational.
B. Dean can play golf for free.
C. the economic surplus from playing golf is greater than the economic surplus from studying.
D. the benefit of golfing is greater than the benefit of studying.
Answer: C
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Indicate whether the statement is true or false
In the 17th century, the Middle colonies:
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Which of the products below is towards the spectrum of perfectly competitive industry?
a. Nike shoes b. Eggs c. Purdue Chicken d. Restaurants
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A. mixed. B. capitalistic. C. democratic. D. socialistic.