Does a subsidy to buyers affect the demand curve?
A. Yes, it shifts demand up by the amount of the subsidy.
B. Yes, it shifts demand to the right by the amount of the subsidy.
C. No, the quantity demanded will increase, but the demand curve does not move.
D. No, the quantity demanded will decrease, but the demand curve does not move.
A. Yes, it shifts demand up by the amount of the subsidy.
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Refer to Game Matrix II. Which outcomes in this game are Pareto optimal?
Game Matrix II
The following questions refer to the game matrix below. Player A can play the strategies "High" and "Low," and Player B can play the strategies "Odd" and "Even."
a. The upper right-hand corner only.
b. The lower right-hand corner only.
c. Both the upper and lower right-hand corners.
d. All outcomes except the upper left-hand corner.
If a production possibilities frontier is bowed out (concave to the origin), then production occurs under conditions of
A) constant opportunity costs. B) increasing opportunity costs. C) decreasing opportunity costs. D) infinite opportunity costs. E) uncertain opportunity costs.
A decrease in personal taxes would shift the aggregate demand curve rightward
Indicate whether the statement is true or false
A self-managed team is still headed by a boss
Indicate whether the statement is true or false