Which organization officially tracks all business cycles in the U.S. economy?
a. Department of Commerce
b. National Bureau of Economic Research
c. Bureau of Economic Analysis
d. Census Bureau
b. National Bureau of Economic Research
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La Dila Corp . decided to sponsor an AIDS awareness campaign when it discovered that its rival had been sponsoring several fund-raising events for AIDS-afflicted children. This is an example of ________
A) bounded rationality B) pure altruism C) impure altruism D) consumerism
(Appendix) In the production function Q = 10L1/2K1/2, if the inputs are quadrupled, are there economies of scale? 
.
What will be an ideal response?
A firm should always continue to operate at a loss in the short run if:
A. the owner enjoys helping her customers. B. the firm cannot produce any other products more profitably. C. it can cover its variable costs and some of its fixed costs. D. the firm will show a profit.
The substitution effect of an inferior good is positive.
a. true b. false