The manager of Healthy Bars should avoid all of the following topics except which one when speaking to managers of Healthy Snacks, a competitor firm?
A) the planned production amounts of Healthy Crunch, another competitor firm
B) a news report announcing the benefits of healthy eating
C) Healthy Bars pricing policy
D) Healthy Bars planned production amounts
B) a news report announcing the benefits of healthy eating
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A government budget surplus
A) decreases a country's ability to finance domestic and foreign investment. B) increases a country's ability to finance domestic and foreign investment. C) increases a country's ability to finance domestic investment and decreases its ability to finance foreign investment. D) decreases a country's ability to finance domestic investment and increases its ability to finance foreign investment.
Which of the following is true of the law of diminishing marginal utility?
a. The additional utility that a person receives from consuming the first unit of a good will be more than the additional utility received from consuming the fifth unit of that same good. b. The additional utility that a person receives from consuming the first unit of a good will be less than the additional utility received from consuming the fifth unit of that same good. c. The additional utility that a person receives after consuming the first unit of a good will be equal to zero. d. The additional utility that a person receives from consuming the first unit of a good will be equal to the additional utility received from consuming the fifth unit of that same good.
"I'm not going to pay for the good if, once produced, the good cannot be denied to anyone." This statement is most relevant to
A) negative externalities. B) positive externalities C) private goods. D) nonexcludable public goods. E) the issue of rivalry versus nonrivalry in consumption.
The set of fiscal policies that would be most contractionary would be a(n):
a. Increase in government spending and taxes b. Decrease in government spending and taxes c. Increase in government spending and a decrease in taxes d. Decrease in government spending and an increase in taxes