"It doesn't hurt to get more information . . ." is good advice
a. especially when the opportunity cost of acquiring the information is high
b. when information is less than perfect
c. only if the marginal benefit of information is greater than the marginal cost of information
d. only if the marginal benefit of information is equal to the marginal cost of information
e. only if the marginal benefit of information is less than the marginal cost of information
C
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A key component of the Keynesian model is that
A) people are not fooled by money illusion. B) prices are flexible. C) prices are sticky. D) wages are flexible.
It has been argued that a monopolistically competitive industry involves "waste" because
A) there is too much product differentiation making shelves too crowded. B) they end up producing to the right of the minimum of the average total cost curve and the price is below the marginal cost. C) the firms do not equate marginal cost to marginal revenue to find the profit maximizing price and output. D) the firms do not produce at the minimum of the average total cost curve and price is above marginal cost.
Suppose that Alpha's real output rose from $400 billion in year 1 to $428 billion in year 2. Its growth rate for this period was:
A. 14 percent. B. 12 percent. C. 9 percent. D. 7 percent.
Refer to the information provided in Figure 13.9 below to answer the question(s) that follow. 
Figure 13.9 Refer to Figure 13.9. If Ohio Edison is forced to act as a perfect competitor (instead of the monopoly level), the net social gain is
A. FGBC. B. FABE. C. BEC. D. ACF.