A ski resort is clearly "selling short" when it
A) charges lower prices for weekday lift tickets compared to weekend lift tickets.
B) offers children and senior citizens discounts on lift tickets.
C) charges a two-for-one special on Monday nights only.
D) offers a discounted season ticket that must be purchased before the ski season opens.
D
You might also like to view...
Efficiency in a market occurs when the production of the good is such that
A) marginal benefit exceeds marginal cost. B) marginal benefit equals marginal cost. C) marginal benefit is lower than marginal cost. D) the marginal cost stops increasing. E) marginal benefit exceeds marginal cost by the maximum amount possible.
A Pigouvian tax corrects for
A. market congestion. B. market losses. C. inefficient sales. D. low market prices.
A consulting firm estimates the following quarterly sales forecasting model:Qt = a + bt +cDThe equation is estimated using quarterly data from 2005 I - 2015 III (t = 1,..., 43). The variable D is a dummy variable for the second quarter where: D = 1 in the second quarter, and 0 otherwise. The results of the estimation are: 
Given the above, these estimates indicate that the second quarter change in sales is
A. 24.5 units higher in the second quarter than in the other three quarters. B. 1.86 units higher in the second quarter than in the other three quarters. C. 2.00 units higher in the second quarter than in the other three quarters. D. 22.5 units higher in the second quarter than in the other three quarters.
Based on the information above, the unemployment rate is
A) 4%. B) 6.6%. C) 9.1%. D) 10%. E) 11.1%.