Ginger bought a phone that came with a $10 rebate. Ginger should fill out and mail in the rebate form if:
A. the opportunity cost of the time and trouble of sending in the rebate form is less than $10.
B. Ginger's surplus from purchasing the phone was less than $10.
C. she would have bought the phone without the rebate, and so sending in the rebate form involves no opportunity cost.
D. the opportunity cost of the time and trouble of sending in the rebate form is more than $10.
Answer: A
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A) the supply curve for clothing at retail department stores shifts to the left. B) the demand curve for clothing at retail department stores shifts to the right. C) the supply curve for clothing at retail department stores shifts to the right. D) the demand curve for clothing at retail department stores shifts to the left.
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Indicate whether the statement is true or false
In a broad sense, all the policies, procedures, relationships, and systems in place to oversee the successful and legal operation of the enterprise; in a narrow sense, the responsibilities and performance of the board of directors specifically.
What will be an ideal response?
Which of the following would generate positive externalities?
A. Flu vaccinations. B. Farmers' use of pesticides. C. Cigarette smoking in elevators. D. Litter left at the beach.