When people perceive a net benefit to a course of action, they will ______.
a. avoid that activity
b. pursue the opportunity
c. recalculate the costs
d. look for another option
b. pursue the opportunity
Economics
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All of the following are examples of public goods except
A) clean water systems. B) stock of knowledge in the public domain. C) crime prevention. D) broadcast television with commercials.
Economics
With consumption on the vertical axis and leisure on the horizontal axis, the slope of the budget line is equal to
A) w. B) -w. C) ?. D) -?.
Economics