A theory predicts that the more a student studies, the higher his or her grades will be. This theory is
A) not falsifiable.
B) falsifiable.
C) too difficult a theory to test.
D) inconsistent with the fact that some students study less than other students, yet receive higher grades.
E) b and d
B
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The supply curve of labor becomes backward bending when
a. higher wages induce people to work more hours b. higher wages induce more people to work c. the opportunity cost of working is lowered d. increases in wages reduce the amount of labor supplied e. new employment opportunities cause the supply curve to shift to the right
The downside to a bank having a high leverage ratio is that a decline in asset value magnifies losses
Indicate whether the statement is true or false
Explain the main characteristics of a corporation
Please provide the best answer for the statement.
Suppose the S curve for peanuts has shifted to the right and the D curve for peanuts has shifted to the right. Assume further that the S curve has shifted more to the right than the D curve has shifted to the right. Which of the following is the most likely equilibrium impact in the peanut market?
a) P increase, Q decrease b) P increase, Q increase c) P decrease, Q decrease d) P decrease, Q increase e) B and D