For a theme park two-tier pricing can include a positive admission price and a zero per-ride fee
Indicate whether the statement is true or false
True . Both fees do not have to be positive. The firm will choose the combination of fee and per-ride price that maximizes profits.
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The primary indicator of the Fed's stance on monetary policy is
A) the discount rate. B) the federal funds rate. C) the growth rate of the monetary base. D) the growth rate of M2.
The market for corporate takeovers
A) helps disciplines the behavior of CEOs. B) forces CEOs to focus on market share. C) had nothing to do with the monitoring of CEO behavior. D) is not efficient.
The largest component of aggregate spending is government spending.
Answer the following statement true (T) or false (F)
When the marginal physical product is rising
A) total cost is falling. B) average total cost is increasing. C) marginal cost is falling. D) marginal cost is rising.