Refer to Figure 2-2. Suppose Vidalia is currently producing 20 dozen orchids per period. How many roses is it also producing, assuming that resources are fully utilized?

A) 30 dozen roses B) 50 dozen roses C) 100 dozen roses D) 150 dozen roses

D

Economics

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Mary says, "You would have to pay me $50 to attend that pro wrestling event." For Mary, the marginal utility of the event is:

A. zero. B. positive, but declines rapidly. C. negative. D. positive, but less than the ticket price.

Economics

Neoclassical economic analysis tends to disregard the following motivations in people's decisions and actions, except:

A. Charity B. Selflessness C. Self-interest D. Focus on the common good

Economics