Which one of the following statements is true?
a. Water use is clearly higher in countries with higher income levels
b. Water use is clearly higher in countries with lower income levels
c. Water use in a country is closely linked to the level of manufacturing
d. Water use in a country is closely linked to the level of agriculture
e. Water use in a country is clearly linked to electricity use
Ans: d. Water use in a country is closely linked to the level of agriculture
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A vertical merger, like the merger of Seagate and Dell, would be attractive
a. only to Dell because it then avoids paying monopoly prices to Seagate. b. only to Seagate because it can then obtain two monopoly rents. c. to both Seagate and Dell but not to consumers who would find no difference in their welfare. d. to Seagate, Dell and consumers, all of whom would stand to benefit in some way.
The prototype of suburban tract development was in
A. San Luis Obispo, California. B. Camden, New Jersey. C. Butte, Montana. D. Levittown, New York.
________ motivates charitable giving because of selfish reasons, such as the appearance of generosity
A) Pure altruism B) Impure altruism C) Consumerism D) Rationalism
Oftentimes when a company's share price is very "high" it will choose to split the stock price and offer each shareholder one share for each they currently hold. Explain why companies might do this and what the effect is on shareholder wealth
What will be an ideal response?