A study of American economic history excludes a study of which of the following?
(a) Historical demography
(b) The love affairs and private relationships of U.S. presidents
(c) Development of market rules and regulations
(d) Development of government intervention in market affairs
(b)
Economics
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Lucinda is deciding whether to enroll in an art school or a culinary school. The art school will cost $38,000 and the culinary school will cost $52,000
Lucinda estimates that the benefits from attending the art school will be $75,000 and the benefits from attending the culinary school will be $88,000. Based on these numbers, in which school should Lucinda enroll?
Economics
Economists typically assume that the owners of firms wish to
A) produce efficiently. B) maximize sales revenues. C) maximize profits. D) All of the above.
Economics