A publisher is deciding whether or not to invest in a new printer. The printer would cost $500, and it would increase cash flows by $600 for the next two years. If the cost of capital is 10% then the net present value of the investment is

In game theory, a strategy

A) is useless, because firms are subject to bounded rationality. B) is useful in static games, but not in dynamic games. C) defines the specific actions a firm will make. D) determines the payoff matrix of the game.

In a market economy, household income is determined primarily by

a. the age of the head of household b. the gender of the head of household c. luck d. the productivity of labor resources e. government transfer payments