When you make a routine, everyday decision it is called
a. habit
b. programmed
c. nonprogrammed
d. geocentric
Ans: b. programmed
You might also like to view...
If the number of companies producing memory chips increases, then the
A) quantity of memory chips supplied increases. B) supply of memory chips does not change. C) supply of memory chips decreases. D) demand for memory chips increases. E) supply of memory chips increases.
Sasha derives utility from consuming apples and tacos as shown in the table above. Apples cost $1 each and tacos cost $2 each. If Sasha's income is $8, he will consume
A) 4 apples and 2 tacos. B) 2 apples and 3 tacos. C) 0 apples and 4 tacos. D) 3 apples and 3 tacos.
What is the relationship between a firm's value of marginal product curve for labor and its demand for labor curve? Explain why this relationship exists
What will be an ideal response?
An economy's production function is Y = A , and the economy's total output in equilibrium is $90 billion. Total capital income in this economy is ________
A) $27 billion B) $30 billion C) $21 billion D) $70 billion E) none of the above