In the above figure, Sheryl's monthly budget line for movies and plays shifted, as shown. The shift in the budget line is parallel, so the shift might be because

A) the price of a movie fell and nothing else changed.
B) the price of a play fell and nothing else changed.
C) Sheryl's income decreased and nothing else changed.
D) Sheryl's income increased and nothing else changed.

D

Economics

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The table above presents the production possibilities frontier for a nation

Using the information in the table, when moving from possibility C to D, the cost of 1 unit of a capital good in terms of the consumption goods forgone is ________ consumption goods per capital good. A) 10 B) 25 C) 15 D) 20 E) an undefined amount of

Economics

Incentive pay plans that seek to tie worker compensation more closely to worker performance includes the following, except:

A. Commissions or royalties B. Seniority-based pay scale C. Stock options and profit-sharing D. Efficiency wages

Economics