As the percentage of a group required for agreement approaches 100 percent, _____ costs _____

a. decision-making costs; increase
b. decision-making costs; decrease
c. political costs; increase
d. political costs; decrease

a

Economics

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If the real interest rate is lower than the equilibrium real interest rate:

A) the quantity of credit demanded equals the quantity of credit supplied. B) the quantity of credit demanded falls short of the quantity of credit supplied. C) the quantity of credit supplied falls short of the quantity of credit demanded. D) interest rates tend to fall further.

Economics

The total revenue from selling trucks is equal to

a. the price of a truck times the quantity sold b. the change in quantity sold divided by the change in price c. average cost times quantity produced d. the price of a truck times the quantity produced e. the price of a truck times the price elasticity of demand

Economics