When you buy previously issued shares of Twitter stock, this transaction takes place in the
A) primary market. B) bear market. C) bond market. D) secondary market.
D
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An electric power company uses block pricing for electricity sales. Block pricing is an example of
A) first-degree price discrimination. B) second-degree price discrimination. C) third-degree price discrimination. D) Block pricing is not a type of price discrimination.
Which of the following is false?
a. Long run equilibrium in monopolistic competition results in zero economic profits b. Monopolistic competitor's demand curves are likely to be more elastic than those of monopolists. c. Monopolistic competition results in a greater variety of products than perfect competition. d. Monopolistic competition's zero economic profit long run equilibrium is efficient, like the zero profit equilibrium in perfect competition.
Ozone depletion refers to a thinning of the stratosphere, which is the atmospheric layer that is positioned
a. between 1 and 3 miles above the earth’s surface b. between 3 and 6 miles above the earth’s surface c. between 7 and 25 miles above the earth’s surface d. none of the above
The national debt includes ______.
a. the debt of state governments b. projected Social Security costs c. the value of all outstanding bonds d. debt the government owes itself