Behavioral economists have found that one major explanation for the inter-country differences in participation rates in organ-donation programs is the:

A. Anchoring effect
B. Mental accounting effect
C. Status quo bias
D. Confirmation bias

C. Status quo bias

Economics

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The above table shows the short-run production function for Albert's Pretzels. The marginal product of labor equals the average product of labor

A) for all levels of labor. B) at none of the levels of labor. C) only for the first worker. D) only for the fifth worker.

Economics

The resource income earned by those who supply ________ is called wages

A) labor B) capital C) natural resources D) entrepreneurship

Economics