Surveys of consumers regarding labor standards reveal that they:

a. treat potential losses and potential gains equally.
b. weigh potential losses more than potential gains.
c. weigh potential losses less than potential gains.
d. do not experience losses in gains.

Answer: b. weigh potential losses more than potential gains.

Economics

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A) longer life spans. B) political instability. C) alienation. D) increases in illiteracy.

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Partial equilibrium is

A. exactly like general equilibrium. B. studying only the supply side of the market. C. studying individual markets. D. examining the demand side of the market.

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