Chipotle offered free burritos to celebrate teachers. What type of price discrimination does this demonstrate?
A. First-degree price discrimination.
B. Second-degree price discrimination.
C. Third-degree price discrimination.
D. It is not price discrimination.
Answer: C
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The MR schedule can be obtained from the TR schedule by:
a. adding two successive values in the TR schedule. b. subtracting the succeeding TR value from the preceding TR value. c. subtracting the preceding TR value from the succeeding TR value. d. multiplying two successive TR values. e. dividing the succeeding TR value by the preceding TR value.
Which of the following will most likely cause a decrease the natural rate of unemployment?
a. an increase in the minimum wage b. an increase in unemployment benefits c. an increase in experienced workers aged 25 and over as proportion of the labor force d. an increase in the labor force participation rate of teenagers
When the Fed sells bonds, the quantity of reserves in the banking system declines and the money supply decreases.
a. true b. false
___________ in real estate expect to receive a return on their investment through the collection of rent and through price appreciation.
Fill in the blank(s) with the appropriate word(s).