Referring to Table 4.2, Box L should be filled with 
A. $30.
B. $6.00.
C. $8.00.
D. $12.50.
Answer: B
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Which of the following is not cited as a reason for a firm to pursue a group pricing strategy?
A) To minimize its total costs of production. B) To increase its total profit. C) To attract and lock in additional customers. D) To create network externalities.
Which of the following is an example of an intermediate-term debt?
A) a fifteen-year mortgage B) a sixty-month car loan C) a six-month loan from a finance company D) a thirty-year U.S. Treasury bond
Government outlays equal: a. the difference between government expenditures and government revenues. b. the sum of government expenditures and government revenues. c. the sum of government purchases and transfer payments. d. the difference between government purchases and transfer payments
e. the ratio of government purchases to transfer payments.
When the cross-price elasticity of demand for two goods is a positive number, one can correctly conclude that:
a. the goods are normal goods. b. the goods are inferior goods. c. the goods are substitutes. d. the goods are complements. e. total revenue will increase when the price increases.