Susan thinks the only fair outcome is one in which she has three slices of pizza a week. Susan is using a(n) ________ concept of fairness

A) "it's not fair if the result isn't fair"
B) "it's not fair if the rules aren't fair"
C) "big tradeoff"
D) "Novak principle"

A

Economics

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In the figure above, suppose that Mac and Izzie specialize and trade to reach point c. Mac sends Izzie

A) 12 computers in exchange for 12 TVs. B) 12 computers in exchange for 6 TVs. C) 6 computers in exchange for 12 TVs. D) 6 computers in exchange for 6 TVs.

Economics

Infrastructure is best illustrated by:

A. farm equipment. B. school buildings and highways. C. machinery and equipment for the production of consumer goods. D. government tax revenues.

Economics