What might happen to the equilibrium price and quantity of Disney World tickets if Universal Studios offers discounts to families?
A. Price of Disney World tickets decreases, and quantity bought decreases
B. Price of Disney World tickets increases, and quantity bought decreases
C. Price of Disney World tickets decreases, and quantity bought increases
D. Price of Disney World tickets increases, and quantity bought increases
Answer: A
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How might a U.S. federal budget surplus affect the balance of trade? (Assume exchange rates are stated in terms of foreign currency per U.S. dollar.)
A) A federal budget surplus raises interest rates, which raises exchange rates, and increases the balance of trade. B) A federal budget surplus reduces interest rates, which raises exchange rates, and reduces the balance of trade. C) A federal budget surplus raises interest rates, which raises exchange rates, and reduces the balance of trade. D) A federal budget surplus reduces interest rates, which reduces exchange rates and increases the balance of trade.
A risk-averse investor will decide whether or not to invest by determining if the expected value of the investment is positive
Indicate whether the statement is true or false
Backloaded compensation makes the wage profile increase at a decreasing rate
Indicate whether the statement is true or false
Refer to the information provided in Figure 13.8 below to answer the question that follows. 
Figure 13.8 Refer to Figure 13.8. Each electricity producer has the given LRAC curve. The total cost of producing 100,000 kilowatts per hour is minimized with ________ firm(s) in the industry.
A. one B. ten C. one hundred D. Indeterminate from the given information.