The most common form of business organization, as far as the number of such firms in business, is the

If real per capita Gross Domestic Product (GDP) grows at a constant annual rate of 4 percent and the annual population growth rate increases from 1 percent to 2 percent, the annual rate of growth of per capita real GDP will

A) increase. B) decrease. C) remain unchanged. D) increase or decrease depending.

A coffee shop sells a small cup of coffee at $3, while a large cup, which is twice as big, at $5. This is an example of

A) first-degree price discrimination. B) second-degree price discrimination. C) third-degree price discrimination. D) actual cost differences.