If a competitive market is producing at the efficient quantity, all of the following are true except which one?
A) The efficient quantity is being produced.
B) Total surplus is maximized.
C) The marginal benefit to society exceeds the marginal cost.
D) Deadweight loss is equal to zero.
C) The marginal benefit to society exceeds the marginal cost.
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If Goods X and Y are substitutes in production, if the price of Good X increases, this will cause a movement ________ the supply curve for Good X and a ________ shift in the supply curve for Good Y.
A) up; leftward B) down; leftward C) down; rightward D) up; rightward
Recent research into brain evolution and development indicates that:
a. brain neurons "learn" and become specialized as they develop. b. brain neurons become fully formed three months after birth. c. Broca's and Wernicke's areas do not develop until adolescence. d. Broca's and Wernicke's areas are less relevant for human language than previously thought.
The strong form of cultural relativism suggests that __________
A) all patterns of culture are equally valid B) tolerance should be the mode unless there is strong reason to behave otherwise C) non-Western cultures are inherently more moral than Western cultures D) any sort of judgment can cloud accuracy of descriptions
Semi-historical narratives that account for the deeds of heroes, the movements of peoples, and the establishment of local customs are called:
a. myths. b. legends. c. epics. d. tales. e. dramas.