Many bars close to campuses have started offering cheaper beer to consumers with a student ID. These bars
a. Assume students have an inelastic demand curve
b. Assume students have an elastic demand curve
c. Are practicing price discrimination
d. Both b and c
d
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Refer to Figure 2-8. If Vidalia chooses to produce 60 dozen orchids, how many roses can it produce to maximize production?
A) 30 dozen roses B) 50 dozen roses C) 100 dozen roses D) 150 dozen roses
The aggregate price level is:
A. a measure of the average price level for GDP. B. measured by the CPI. C. measured by the GDP price deflator. D. All of these statements are true.
Merit pay for teachers has a _________ on test student test scores.
A. positive B. negative C. undetermined D. none of these answer options are correct.
Monetary policy includes changing the level of household taxes.
Answer the following statement true (T) or false (F)