The opportunity costs perceived by decision makers determine
A) both demand and supply curves.
B) demand curves.
C) either demand or supply curves, but not both in the same case.
D) supply curves.
A
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The largest merger in American history was that of
a. Chemical Banking and Chase Manhattan in 1996. b. America Online and Time Warner in 2000. c. Gillette's acquisition of Duracell in 1985. d. Credit Suisse's acquisition of Northern Rock in 2007.
If China's real GDP grew from $7 trillion one year to $8 trillion the next, the annual growth rate would be:
A. 114 % B. 87.5 % C. 12.5 % D. 14.3 %
Which of the following is NOT a component of M1?
A. passbook savings accounts balances B. non-bank traveler's checks C. currency D. NOW accounts balances
According to the above figure for a gasoline market, at a price of $1 per gallon of gasoline, there would be
A. a surplus of 50 million gallons. B. a shortage of 30 million gallons. C. a surplus of 30 million gallons. D. a shortage of 20 million gallons.