Stock market price quotations best exemplify money serving as a:
A. store of value.
B. unit of account.
C. medium of exchange.
D. index of satisfaction.
B. unit of account.
Economics
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Price discrimination is possible, in part, because
A) costs of production vary as output increases. B) monopolies are regulated. C) monopolies don't profit maximize. D) the willingness to pay can vary among groups of buyers. E) monopolies face horizontal demand curves.
Economics
If the slope of the consumption schedule is 0.75, then the slope of the saving schedule is
A. 0.75. B. 1.25. C. 0.25. D. not possible to determine from the data.
Economics