A larger controversy of the financial crisis among both members of Congress and the general public had to do with the Fed's expanded role in the economy

When a business fails to cover sunk costs, it usually

A) declares a stock split. B) declares bankruptcy. C) does not immediately stop operating. D) stops operating until sunk costs are recovered.

The instructors at College A are regularly late for their office hours. Based on a theory presented in the textbook, we would predict that the gap between the ______________student tuition and ___________equilibrium tuition is ___________ at College A

A) lower; higher; small B) higher; lower; small C) lower; higher; large D) higher; lower; large