Politics
A. play no role in public finance.
B. influence government decisions.
C. have to be factored into economic decision making.
D. all of these answer options are correct.
D. all of these answer options are correct.
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The substitution effect of a price increase causes a decrease in the quantity of an inferior good demanded
Indicate whether the statement is true or false
If Oscar's company has a lease that runs until six months from now, which of the following would be true?
a. His rent payments would be considered fixed costs and anything longer than six months would be considered the short run. b. His rent payments would be considered fixed costs and anything less than six months would be considered the short run. c. His rent payments would be considered variable costs and anything longer than six months would be considered the short run. d. His rent payments would be considered variable costs and anything less than six months would be considered the short run.