It has been observed that during times of an economic slump, workplace bullying by supervisors
Answer: Increases as they try to cope with financial pressures.
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Why are free riders a common problem for public goods?
A. Public goods are non-excludable and therefore people do not have to pay for the good to use it. B. Public goods are non-rivalrous and therefore one person's use diminishes another's use. C. Public goods are non-rivalrous and therefore people do not have to pay for the good to use it. D. Public goods are non-excludable and therefore one person's use does not diminish another's use.
For a firm to maximize total profits through price discrimination, it should
a. charge a low price to high-value consumers and a high price to low-value consumers b. charge a high price to high-value consumers and a high price to low-value consumers c. charge a low price to high-value consumers and a low price to low-value consumers d. charge a high price to high-value consumers and a low price to low-value consumers
The idea that aggregate price levels do not affect real outcomes in the economy is called the:
A. neutrality of money. B. aggregate price theory. C. neutrality of prices. D. real output theory.
Economists use theories to: a. abstract from the complexities of the world. b. understand economic behavior
c. explain and help predict human behavior. d. do all of the above.