Debit cards and e-checks are not money because
A) they can be forged easily.
B) they can fail their purpose of being mediums of exchange as a result of technical difficulties.
C) they are just instruments to transfer money between people.
D) not all banks offer them and not all businesses accept them.
E) they are not regulated by the government.
C
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Which of the following is not a requirement for a successful price discrimination strategy?
A) The firm must be able to prevent arbitrage. B) A firm must have the ability to charge a price greater than marginal cost. C) Transactions costs must be the same for all consumers. D) Some consumers must have a greater willingness to pay for the product than other consumers, and the firm must be able to know what prices consumers are willing to pay.
When a tax is placed on the sellers of energy drinks, the
a. sellers bear the entire burden of the tax. b. buyers bear the entire burden of the tax. c. burden of the tax will be always be equally divided between the buyers and the sellers. d. burden of the tax will be shared by the buyers and the sellers, but the division of the burden is not always equal.