If an individual perfectly competitive firm charges a price below the industry equilibrium price, it will
A) not sell anything.
B) sell part of what it produces.
C) sell all that it produces and gain more revenue than competing firms will.
D) sell all that it produces but gain less revenue than competing firms will.
D) sell all that it produces but gain less revenue than competing firms will.
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Which of the following advertising statements could be considered greenwashing?
A) "Only high quality products are used to make our guacamole." B) "Try our pizza; it is the best pizza you will ever taste." C) "Our employees love to make pizza for you!" D) "Our product is 100 percent biodegradable."
Sample selection bias
A) occurs when a selection process influences the availability of data and that process is related to the dependent variable. B) is only important for finite sample results. C) results in the OLS estimator being biased, although it is still consistent. D) is more important for nonlinear least squares estimation than for OLS.
Shaniqua sells life insurance and is considering buying a $60,000 Lexus for business purposes (thus, the expense reduces her taxable income). If Shaniqua is in the 40 percent marginal tax bracket, how much after-tax income will she have to give up in order to enjoy the Lexus?
a. $24,000 b. $36,000 c. $30,000 d. $84,000
Your checking account balance would be counted in which measure of money?
A. M1 B. Hard money C. M2 D. It would be counted in both M1 and M2