A business incurs the following costs per unit: Labor $5/unit; Materials $3/unit and rent $5000/month. If the firm produces 1000 units a month, the total costs equals

The exemption of municipal bond interest income from federal personal income taxes

A. generally benefits the wealthy most. B. does not help municipal governments lower financing costs because it is offset by shifting increasing municipal bond rates. C. does not help municipal governments lower financing costs because it is offset by shifting falling municipal bond rates. D. is an indirect tax on the underlying municipal bonds that generate the interest income.

You observe that grocery shoppers choose the shortest line at the checkout. This is an example of _____

a. rational self-interest b. selfishness c. greed d. blind materialism e. altruism