The case on textbook publishers shows that
A) if imports are allowed, price discrimination is difficult or impossible.
B) if imports are allowed, price discrimination is possible.
C) publishers have a difficult time identifying the groups involved.
D) publishers should not migrate to electronic textbooks.
A
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Use the following graph for a monopolistically competitive firm to answer the next question.
Marginal revenue and marginal cost intersect at point
A. a. B. b. C. c. D. d.
Farmers can raise either goats or ostriches on their land. Which of the following would cause the supply of goats to decrease?
A) an increase in the demand for goats B) an increase in the price of ostrich feed C) a decrease in the price of goats D) an increase in the price of ostriches
Which of the goals pursued by policymakers in an open economy is desirable because can help reduce the volatility of economic activity?
A) exchange-rate stability B) monetary policy independence C) free capital flows D) appreciation of the domestic currency
Which of the following involves efforts by government or businesses that give special rights to minorities in hiring, promotion, or access to education to offset past discrimination?
a. Affirmative action b. Diversity training c. Reverse discrimination d. Multiculturalism