Real business cycle theory emphasizes that shocks to technology can play a big part in causing economic fluctuations

In the Sunday newspaper, there are usually coupons that you can clip and take to the store to save money on products. Anyone can buy a newspaper, and the value of the coupons easily exceeds the price of the newspaper for most consumers

Is this an example of price discrimination? Explain.

If an industry has constant marginal and average costs, any shift in demand will eventually

A) result in a higher equilibrium price. B) be met by a smaller change in quantity supplied. C) be met by an equal change in quantity supplied, and equilibrium price will not change. D) make economic profits zero in the short run.