Marginal, average, and total figures are unrelated

a. True
b. False
Indicate whether the statement is true or false


False

Economics

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Perfect price discrimination is also referred to as:

A) first-degree price discrimination. B) second-degree price discrimination. C) third-degree price discrimination. D) fourth-degree price discrimination.

Economics

After a $3 per-unit tax on seeing movies in theaters is imposed, attendance falls from 4,000 a week to 3,000 a week. The revenue from the tax is

A) less than $9,000 a week. B) $9,000 a week. C) between $9,000 a week and $12,000 a week. D) some amount that cannot be calculated without more information.

Economics

The real interest rate, business taxes, expected profits and business confidence, and capacity utilization are embedded in the slope of the investment function

Indicate whether the statement is true or false

Economics

Negotiations between the management of a company and the management of a union for the purpose of setting a mutually agreeable contract on wages, fringe benefits and working conditions for all employees in a union is know as

A) a closed shop. B) a union shop. C) collective bargaining. D) an industrial union.

Economics