When buying a car from a commission salesman you improve your bargaining position by
a. shopping when the new model year cars have just arrived
b. shopping when the showroom is full of customers
c. shopping when the car lot has many cars left unsold
d. shopping toward the beginning of the month
c
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Refer to the below graphs. (Assume that the pre-migration labor force in Country A is 0d and that it is 0u in country B.) What result would indicate that worldwide output is increased as a result of migration?
A. Area aced> area qsut
B. Wage rates have increased in both countries
C. Domestic output has increased in both countries
D. The share of domestic output paid as business income increases in both countries
From 1960 to 2012
A) the U.S. economy roughly tripled in size. B) U.S. imports roughly tripled in size. C) the share of US Trade in the global economy roughly tripled in size. D) U.S. Imports roughly tripled as compared to U.S. exports. E) U.S. exports roughly tripled in size.
If the golfers at Green Golf all have identical demands and Green Golf practices two-part pricing, the profit-maximizing user fee is ________ Green Golf's marginal cost.
A) one-half of B) equal to C) greater than D) less than
Which of the following alone can explain the change in the price level and output during World War II?
a. aggregate demand shifted right b. aggregate demand shifted left c. aggregate supply shifted right d. aggregate supply shifted left