As a student, one of the costs of sleeping in rather than going to class is likely to be a lower grade in the class

The table gives the demand and supply schedules for cookies. The government now levies a $0.30 tax on cookies. As a result, the price of a packet of cookies increases by ________ and the tax revenue collected is ________ a week

A) $0.20; $24 B) $0.10; $9 C) $0.20; $20 D) $0.30; $30

According to economists, an individual who tries to derive utility from the consumption of a good without paying for it is called:

a. a utility maximizer. b. a free rider. c. an opportunist. d. a profit maximizer.