A commitment is a form of strategy

Indicate whether the statement is true or false


True

Economics

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The median voter model predicts a strong tendency for both candidates to choose a position away from the middle of distribution

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

Economics

Peter Schran plays no favorites. It's one price for all customers. Under this circumstance, we know that

a. MR = MC b. P = MC c. TR = TC d. P = AR e. P = TR

Economics

Which of the following theories is not falsifiable or refutable?

A) Everything that has happened to Jane throughout her life happened to her specifically because she was born on June 23, 1993. B) People with blue eyes tend to be more sensitive to light than people with brown eyes. C) Women who are electrical engineers tend to have fewer children than women who are retail cashiers. D) People who watch more than six hours of television per day tend to weigh more than people who watch fewer hours of television daily. E) all of the above

Economics

Which statement is true?

A. Entrepreneurial ability is considered a passive resource. B. All entrepreneurs are inventors. C. The entrepreneur has been the central figure in the long economic success in the U.S. D. The basic payment made to the owners of capital is rent.

Economics