Giving poor people food instead of cash for food
A. is an in-kind transfer.
B. will benefit some more than others, depending on their utility function.
C. is politically popular.
D. all of these answer options are correct.
D. all of these answer options are correct.
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Suppose a firm's total revenue is $100 when it sells 10 units, and $110 when it sells 11 units. The firm, therefore, is a(n):
A. oligopolist. B. perfect competitor. C. pure monopolist. D. monopolistic competitor.
Refer to the above table. If the price is $3 the maximum profit this firm could earn is
A) $99. B) $306. C) -$100. D) -$99.
The first sale to the general public of stock in a corporation is referred to as
A. A public bond offering. B. An initial public offering. C. A public stock auction. D. An original public sale.
Japan's status as a rich nation is attributable to
a. Japan's quantities of natural resources, but not to international trade. b. international trade, but not to Japan's domestic quantities of natural resources. c. the fact that Japanese productivity has remained nearly constant for more than 100 years. d. the fact that the Japanese have downplayed the role of human capital in economic growth.