Refer to the above table. The equilibrium price of tablets is
A. $500.
B. $550.
C. $650.
D. $700.
Answer: B
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Ricky is in a consumer equilibrium. Given the prices of goods, Ricky has allocated all his income such that his marginal utility per dollar spent is ________ for ________ goods
A) as small as possible; all B) equal; all C) equal; normal D) maximized; all
Stockholders have limited liability for the acts of the corporation for which they hold stock.
A. True B. False C. Uncertain
An example of a cost of economic growth is
A) longer life spans. B) political instability. C) alienation. D) increases in illiteracy.
In the probit model, G is the:?
A. ?standard normal cumulative distribution function. B. ?cumulative distribution of normal distribution function. C. ?standard normal probability distribution function. D. ?normal probability distribution function.