One major part of the opportunity costs of one's decision to go to college after high-school graduation is the
A. high-school diploma needed in order to apply for college.
B. full-time job that one could have gotten instead of going to college.
C. education that one gets while in college.
D. additional income that one can get if one had a college degree.
Answer: B
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In ________ market structure, a firm's output depends ________
A) an oligopoly; only on its own marginal revenue and marginal cost curves B) a monopolistically competitive; in part on its competitors' price and quantity decisions C) an oligopoly; in part on its competitors' price and quantity decisions D) a monopolistically competitive; only on its marginal revenue curve
The government bailed out banks deemed too big to fail through all of the followings except:
A. increased government spending. B. fiscal policy. C. the Troubled Asset Relief Program, commonly known as TARP. D. breaking them to several entities.
One of the consequences of allowing wages to fall in the United States has been growing wage inequality
a. True b. False Indicate whether the statement is true or false
All of the following reduce the transaction costs for consumers EXCEPT
A. eBay. B. a shopping mall. C. a grocery store. D. a court decision regarding product safety.