Price discrimination often permits some consumers who otherwise would be excluded from a market to buy a good or service
a. True
b. False
Indicate whether the statement is true or false
True
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Immigrant entrepreneurs have founded what portion of public companies in the U.S. backed by venture capital?
A. About 10% B. About 33% C. About 25% D. About 50%
Which of the following statements brings out the relationship between the value of marginal product (VMP) and the marginal revenue product (MRP)?
a. They are the same for a firm selling in a perfectly competitive market structure. b. They are the same for a firm purchasing inputs in a perfectly competitive market structure. c. VMP is greater than MRP when a firm is perfectly competitive in the product market. d. VMP is less than MRP when a firm is perfectly competitive in the product market. e. They are same when a firm is a monopolist.
Assume that foreign capital flows from a nation increase due to political uncertainly and increased risk. If the nation has highly mobile international capital markets and a fixed exchange rate system, what happens to the real risk-free interest rate and the nominal value of the domestic currency in the context of the Three-Sector-Model? a. The real risk-free interest rate rises and nominal
value of the domestic currency falls. b. The real risk-free interest rate falls and nominal value of the domestic currency remains the same. c. The real risk-free interest rate rises and nominal value of the domestic currency remains the same. d. The real risk-free interest rate rises and nominal value of the domestic currency rises. e. There is not enough information to determine what happens to these two macroeconomic variables.
Use the above table. When real disposable income is $125
A. MPS = 0.96. B. APS = 0.20. C. APC = 0.96. D. APC = 0.80.