All of the following household expenditures are included in consumption expenditure EXCEPT

A) payment to a dentist for filling a tooth.
B) purchase of corporate stock.
C) purchase of a new purse.
D) purchase of hair styling.

B

Economics

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An uninformed party can use ________ to learn about the information held by the informed party

A) signaling B) screening C) a warranty D) educational attainment

Economics

In order for a monopolist to earn an economic profit in short-run equilibrium, marginal revenue must be equal to zero

a. True b. False Indicate whether the statement is true or false

Economics