To avoid accidents, the government of Richland does not allow boating in lakes during rainstorms. This is an example of ________
A) consumer sovereignty
B) consumerism
C) bureaucratic redtapism
D) paternalism
D
Economics
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The conditions for successful price discrimination include
a. some ability for the firm to set the price. b. strong barriers segmenting markets. c. an inability for any customer to resell the product. d. All of the above.
Economics
In the circular flow model, the source of the factors of production used to create goods and services is the
a. product market b. resource market c. firms d. households e. exchange market
Economics
The law of increasing opportunity cost indicates that the production possibilities curve has a constant slope.
a. true b. false
Economics
Monetary and fiscal policies have little effect on the trade deficit.
Answer the following statement true (T) or false (F)
Economics