Historically, black students have had ______.
a. the same educational opportunities as white students
b. inferior educational opportunities to white students
c. superior educational opportunities to white students
d. different, but equivalent opportunities to white students
b. inferior educational opportunities to white students
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Consider a monopolist which sells output in two markets, the home market and the foreign market. Initially the monopolist is unable to price discriminate and sets a single price for both markets
However, the demand in the foreign market is such that at the price the monopoly sets, no goods are sold in the foreign market. If the monopolist is then able to price discriminate, will the overall deadweight loss increase or decrease? Explain.
In an ideal organization, when do agents always make decisions in the best interests of their principle?
a. The decision makers have the information necessary to make the decision b. The decision makers have the incentive to make the right decision c. All of the above d. None of the above